SSP Group (OTCMKTS:SSPPF) Hits New 52-Week Low – What’s Next?

Shares of SSP Group plc (OTCMKTS:SSPPF) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $2.14 and last traded at $2.14, with a volume of 0 shares. The stock had previously closed at $2.14.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SSPPF. Citigroup upgraded shares of SSP Group to a “strong-buy” rating in a report on Monday, September 30th. UBS Group raised shares of SSP Group to a “hold” rating in a research report on Friday, October 4th. Finally, Barclays upgraded shares of SSP Group to a “strong-buy” rating in a research note on Friday, October 11th.

SSP Group Price Performance

The company has a debt-to-equity ratio of 4.63, a quick ratio of 0.30 and a current ratio of 0.35. The stock’s 50-day simple moving average is $2.22 and its 200 day simple moving average is $2.33.

SSP Group Company Profile

SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.