SSE (OTCMKTS:SSEZY) Cut to Hold at UBS Group

UBS Group lowered shares of SSE (OTCMKTS:SSEZY) from a strong-buy rating to a hold rating in a research note published on Thursday,Zacks.com reports.

A number of other analysts also recently issued reports on SSEZY. Royal Bank Of Canada reiterated an “outperform” rating on shares of SSE in a report on Friday, November 14th. Citigroup downgraded shares of SSE from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of SSE in a research note on Friday, November 14th. Finally, Zacks Research downgraded shares of SSE from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 20th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, SSE currently has an average rating of “Hold”.

SSE Trading Up 0.5%

Shares of SSE stock opened at $29.59 on Thursday. The business’s 50 day simple moving average is $25.80 and its 200 day simple moving average is $24.89. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.01 and a quick ratio of 0.91. SSE has a 52-week low of $18.60 and a 52-week high of $30.58.

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.