SSE (OTCMKTS:SSEZY) Hits New 12-Month High – Here’s What Happened

Sse Plc (OTCMKTS:SSEZY) reached a new 52-week high on Tuesday . The company traded as high as $37.04 and last traded at $36.93, with a volume of 78573 shares. The stock had previously closed at $36.61.

Analyst Ratings Changes

Several research analysts have recently weighed in on SSEZY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a research note on Wednesday, January 7th. Citigroup restated a “sell” rating on shares of SSE in a research report on Monday, January 26th. Zacks Research upgraded shares of SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Finally, UBS Group cut shares of SSE from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

SSE Stock Up 1.0%

The stock’s fifty day moving average price is $34.18 and its 200-day moving average price is $29.04. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65.

About SSE

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.