SSP Group (OTCMKTS:SSPPF) Sets New 12-Month High – What’s Next?

Shares of SSP Group plc (OTCMKTS:SSPPF) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $2.22 and last traded at $2.22, with a volume of 0 shares. The stock had previously closed at $2.22.

Wall Street Analysts Forecast Growth

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

SSP Group Stock 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 has a 50-day moving average price of $2.19 and a two-hundred day moving average price of $2.31.

About SSP Group

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.