SSE (OTCMKTS:SSEZY) Reaches New 1-Year High – Here’s What Happened

Sse Plc (OTCMKTS:SSEZY)’s stock price hit a new 52-week high on Monday . The stock traded as high as $30.73 and last traded at $30.34, with a volume of 34128 shares changing hands. The stock had previously closed at $30.44.

Wall Street Analyst Weigh In

SSEZY has been the subject of a number of research analyst reports. Citigroup lowered SSE from a “hold” rating to a “strong sell” rating in a report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of SSE in a research report on Friday, November 14th. UBS Group downgraded shares of SSE from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Royal Bank Of Canada restated an “outperform” rating on shares of SSE in a report on Friday, November 14th. Finally, Zacks Research upgraded shares of SSE from a “strong sell” rating to a “hold” rating in a research note on Friday, December 19th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

SSE Stock Up 0.9%

The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average price of $28.38 and a 200-day moving average price of $25.79.

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.