SSE (OTCMKTS:SSEZY) Sets New 12-Month High – Still a Buy?

Sse Plc (OTCMKTS:SSEZY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $33.38 and last traded at $33.2095, with a volume of 59336 shares traded. The stock had previously closed at $32.56.

Wall Street Analyst Weigh In

SSEZY has been the topic of a number of recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a report on Wednesday, January 7th. Citigroup reaffirmed a “sell” rating on shares of SSE in a research note on Monday. Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Royal Bank Of Canada reissued an “outperform” rating on shares of SSE in a report on Friday, November 14th. 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 given a Sell rating to the stock. Based on data from MarketBeat, SSE currently has a consensus rating of “Hold”.

SSE Stock Performance

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 50 day moving average price of $30.21 and a 200 day moving average price of $26.60.

SSE Company Profile

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.