SSE (OTCMKTS:SSEZY) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of SSE (OTCMKTS:SSEZY) from a hold rating to a strong sell rating in a research note issued to investors on Thursday morning,Zacks.com reports.

SSEZY has been the topic of a number of other reports. Citigroup downgraded SSE from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of SSE in a research report on Friday, November 14th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of SSE in a report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, SSE currently has a consensus rating of “Moderate Buy”.

SSE Price Performance

OTCMKTS:SSEZY opened at $29.06 on Thursday. SSE has a one year low of $18.60 and a one year high of $30.58. The stock has a 50-day simple moving average of $25.17 and a 200 day simple moving average of $24.66. The company has a current ratio of 1.01, a quick ratio of 0.91 and a debt-to-equity ratio of 0.68.

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.