SSP Group (OTCMKTS:SSPPF) Downgraded to Hold Rating by Barclays

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

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

SSP Group Stock Performance

SSPPF stock opened at $2.50 on Tuesday. The company has a debt-to-equity ratio of 6.39, a quick ratio of 0.40 and a current ratio of 0.44. SSP Group has a 1-year low of $1.71 and a 1-year high of $2.55. The business has a fifty day moving average price of $2.07 and a 200-day moving average price of $2.16.

About SSP Group

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.