SSE (OTCMKTS:SSEZY) Sees Unusually-High Trading Volume – Here’s Why

Shares of Sse Plc (OTCMKTS:SSEZY) saw unusually-strong trading volume on Thursday . Approximately 513,294 shares changed hands during trading, an increase of 188% from the previous session’s volume of 178,155 shares.The stock last traded at $33.7220 and had previously closed at $34.19.

Wall Street Analyst Weigh In

SSEZY has been the subject of several recent analyst reports. Zacks Research upgraded shares of SSE from a “strong sell” rating to a “hold” rating in a research note on Friday, December 19th. Citigroup reiterated a “sell” rating on shares of SSE in a report on Monday, January 26th. Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a research report on Wednesday, January 7th. UBS Group downgraded SSE from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of SSE in a report on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, SSE presently has a consensus rating of “Hold”.

SSE Stock Down 1.3%

The business has a 50-day moving average of $30.59 and a 200-day moving average of $26.84. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.89.

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.