SSE (OTCMKTS:SSEZY) Reaches New 12-Month High – Here’s What Happened

Sse Plc (OTCMKTS:SSEZY) reached a new 52-week high during trading on Wednesday . The company traded as high as $37.15 and last traded at $37.15, with a volume of 20248 shares changing hands. The stock had previously closed at $36.38.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SSEZY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a research report on Wednesday, January 7th. Citigroup reiterated a “sell” rating on shares of SSE in a research note on Monday, January 26th. Zacks Research lowered shares of SSE from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 2nd. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of SSE in a research note on Monday, March 23rd. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

SSE Stock Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97. The stock’s 50 day simple moving average is $35.36 and its 200-day simple moving average is $30.47.

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.