Sse Plc (OTCMKTS:SSEZY – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 155,695 shares, a growth of 275.9% from the September 30th total of 41,418 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 121,144 shares, the short-interest ratio is currently 1.3 days.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the company. Oddo Bhf initiated coverage on SSE in a report on Monday, October 5th. They issued an “outperform” rating on the stock. Sanford C. Bernstein began coverage on shares of SSE in a research report on Thursday, September 3rd. They set an “outperform” rating on the stock. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.
Get Our Latest Research Report on SSE
SSE Stock Up 2.9%
Shares of SSEZY stock opened at $35.63 on Friday. SSE has a one year low of $24.64 and a one year high of $37.51. The stock has a fifty day moving average price of $32.87 and a 200 day moving average price of $33.47. The company has a quick ratio of 1.12, a current ratio of 1.20 and a debt-to-equity ratio of 0.54.
About SSE
SSE plc is a United Kingdom-based energy infrastructure company headquartered in Perth, Scotland. The company develops, owns and operates assets across the electricity sector, with a particular focus on renewable energy, electricity networks and low-carbon infrastructure.
SSE’s activities include the generation of electricity from renewable sources such as offshore and onshore wind, hydroelectric power and energy-from-waste facilities, as well as the operation of thermal power assets. Through its SSEN businesses, the company also owns and operates electricity transmission and distribution networks serving northern Scotland and other parts of Great Britain.
The company was formed in 1998 through the merger of Scottish Hydro-Electric and Southern Electric.
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