SSE (OTCMKTS:SSEZY) Hits New 1-Year High – What’s Next?

Sse Plc (OTCMKTS:SSEZY)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $30.07 and last traded at $30.0250, with a volume of 14955 shares changing hands. The stock had previously closed at $26.21.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on SSEZY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of SSE in a report on Friday. Zacks Research lowered shares of SSE from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 5th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of SSE in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, SSE has an average rating of “Moderate Buy”.

SSE Stock Down 1.6%

The business has a 50-day moving average price of $24.48 and a 200 day moving average price of $24.43. The company has a current ratio of 1.01, a quick ratio of 0.91 and a debt-to-equity ratio of 0.68.

SSE Company Profile

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.