SSE (OTCMKTS:SSEZY) Shares Gap Down – What’s Next?

Sse Plc (OTCMKTS:SSEZY) shares gapped down before the market opened on Friday . The stock had previously closed at $29.35, but opened at $27.93. SSE shares last traded at $29.2850, with a volume of 640 shares.

Analyst Upgrades and Downgrades

Several research firms recently commented on SSEZY. Zacks Research upgraded shares of SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Royal Bank Of Canada restated an “outperform” rating on shares of SSE in a research note on Friday, November 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of SSE in a report on Friday, November 14th. UBS Group lowered SSE from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Finally, Citigroup cut SSE from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SSE has an average rating of “Hold”.

SSE Price Performance

The stock’s 50-day moving average is $27.94 and its 200 day moving average is $25.61. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.91.

About SSE

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.