SSE (OTCMKTS:SSEZY) Sets New 52-Week High – Here’s Why

Sse Plc (OTCMKTS:SSEZY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $30.07 and last traded at $30.0250, with a volume of 14955 shares trading hands. The stock had previously closed at $26.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of SSE from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

SSE Stock Up 16.0%

The company has a quick ratio of 0.91, a current ratio of 1.01 and a debt-to-equity ratio of 0.68. The company has a fifty day moving average price of $24.00 and a two-hundred day moving average price of $24.30.

About SSE

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.