SSE (OTCMKTS:SSEZY) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of SSE (OTCMKTS:SSEZY) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks.com reports.

Separately, The Goldman Sachs Group restated a “neutral” rating on shares of SSE in a report on Monday, March 23rd. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

SSE Stock Down 1.4%

OTCMKTS SSEZY opened at $30.76 on Monday. The company’s 50-day moving average price is $34.42 and its 200-day moving average price is $32.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97. SSE has a 12 month low of $21.70 and a 12 month high of $37.51.

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.