SSE (OTCMKTS:SSEZY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Sse Plc (OTCMKTS:SSEZY) saw unusually-strong trading volume on Monday . Approximately 955,528 shares were traded during trading, an increase of 619% from the previous session’s volume of 132,908 shares.The stock last traded at $32.68 and had previously closed at $32.03.

Analyst Ratings Changes

A number of brokerages recently issued reports on SSEZY. Zacks Research raised shares of SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of SSE in a report on Friday, November 14th. Morgan Stanley restated an “overweight” rating on shares of SSE in a research note on Wednesday, January 7th. Citigroup reiterated a “sell” rating on shares of SSE in a research note on Monday. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of SSE in a research note on Friday, November 14th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, SSE has a consensus rating of “Hold”.

SSE Trading Up 0.7%

The firm has a 50 day simple moving average of $30.11 and a 200 day simple moving average of $26.55. 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 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.