SSP Group (OTCMKTS:SSPPF) Cut to Hold at Royal Bank of Canada

SSP Group (OTCMKTS:SSPPF) was downgraded by analysts at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Barclays raised shares of SSP Group to a “strong-buy” rating in a research report on Friday, October 11th.

SSP Group Stock Performance

Shares of SSP Group stock opened at $2.15 on Tuesday. The business’s fifty day moving average price is $2.44 and its 200 day moving average price is $2.32. The company has a current ratio of 0.44, a quick ratio of 0.40 and a debt-to-equity ratio of 4.24. SSP Group has a twelve month low of $2.14 and a twelve month high of $2.55.

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.