SSP Group (OTCMKTS:SSPPF) Reaches New 1-Year High – Should You Buy?

Shares of SSP Group plc (OTCMKTS:SSPPF) reached a new 52-week high on Tuesday . The company 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.

Analysts Set New Price Targets

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

SSP Group Price Performance

The business’s 50-day simple moving average is $2.20 and its two-hundred day simple moving average is $2.31. The company has a current ratio of 0.35, a quick ratio of 0.30 and a debt-to-equity ratio of 4.63.

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.