SSE (OTCMKTS:SSEZY) Hits New 1-Year High – Here’s Why

Sse Plc (OTCMKTS:SSEZY) reached a new 52-week high on Tuesday . The stock traded as high as $35.1140 and last traded at $35.09, with a volume of 24227 shares changing hands. The stock had previously closed at $34.51.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SSEZY. UBS Group downgraded SSE from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of SSE in a research note on Friday, November 14th. Royal Bank Of Canada reissued an “outperform” rating on shares of SSE in a research report on Friday, November 14th. Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Finally, Citigroup reaffirmed a “sell” rating on shares of SSE in a research note on Monday, January 26th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

SSE Stock Performance

The stock’s 50-day moving average price is $30.86 and its 200 day moving average price is $27.01. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97.

About SSE

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.