SSE (OTCMKTS:SSEZY) Hits New 1-Year High – What’s Next?

Shares of Sse Plc (OTCMKTS:SSEZY) reached a new 52-week high on Thursday . The stock traded as high as $32.00 and last traded at $31.91, with a volume of 91289 shares. The stock had previously closed at $31.49.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on SSEZY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of SSE in a research report on Friday, November 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of SSE in a report on Friday, November 14th. UBS Group cut shares of SSE from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Citigroup cut shares of SSE from a “hold” rating to a “strong sell” rating in a report on Thursday, November 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a research report on Wednesday, January 7th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

SSE Stock Performance

The company’s 50-day simple moving average is $29.90 and its two-hundred day simple moving average is $26.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.89.

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.