SSE (OTCMKTS:SSEZY) Sees Unusually-High Trading Volume – Here’s Why

Sse Plc (OTCMKTS:SSEZY) shares saw unusually-strong trading volume on Thursday . Approximately 848,871 shares were traded during mid-day trading, an increase of 483% from the previous session’s volume of 145,674 shares.The stock last traded at $30.20 and had previously closed at $30.48.

Analysts Set New Price Targets

Separately, Zacks Research cut 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 assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

SSE Trading Down 0.9%

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 firm’s 50-day moving average price is $24.17 and its two-hundred day moving average price is $24.34.

SSE Company Profile

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.