SSE (OTCMKTS:SSEZY) Hits New 12-Month High – What’s Next?

Sse Plc (OTCMKTS:SSEZY)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $37.02 and last traded at $36.61, with a volume of 1882995 shares traded. The stock had previously closed at $35.62.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SSEZY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of SSE in a report on Friday, November 14th. Citigroup restated a “sell” rating on shares of SSE in a research report on Monday, January 26th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of SSE in a report on Friday, November 14th. UBS Group downgraded shares of SSE from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Finally, Morgan Stanley restated an “overweight” rating on shares of SSE in a report on Wednesday, January 7th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, SSE currently has a consensus rating of “Hold”.

SSE Trading Up 1.7%

The firm’s fifty day simple moving average is $33.56 and its 200-day simple moving average is $28.62. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.89.

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.