SSP Group (OTCMKTS:SSPPF) Cut to “Hold” at Barclays

Barclays cut shares of SSP Group (OTCMKTS:SSPPF) from a strong-buy rating to a hold rating in a report published on Tuesday,Zacks.com reports.

Separately, UBS Group reissued a “neutral” rating on shares of SSP Group in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, SSP Group presently has a consensus rating of “Hold”.

SSP Group Price Performance

OTCMKTS:SSPPF opened at $2.50 on Tuesday. The stock has a 50 day moving average of $2.09 and a two-hundred day moving average of $2.17. SSP Group has a 12 month low of $1.71 and a 12 month high of $2.55. The company has a current ratio of 0.44, a quick ratio of 0.40 and a debt-to-equity ratio of 6.39.

SSP Group Company Profile

SSP Group is a leading operator of food and beverage concessions in travel locations worldwide. The company designs, manages and operates branded and independent restaurants, bars, cafés and kiosks across airports, railway stations, motorway service stations and cultural attractions. Its portfolio encompasses both proprietary concepts and partnerships with major global food and beverage brands, offering tailored dining experiences for travellers.

Headquartered in London, UK, SSP Group traces its roots to Travellers Fare, founded in the 1960s, and was formally established as SSP Group following a spin-off from Compass Group in 2006.