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

Sse Plc (OTCMKTS:SSEZY) 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.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada restated 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 note on Thursday, November 13th. Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of SSE in a research report on Friday, November 14th. Finally, UBS Group lowered SSE from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

SSE Stock Up 0.5%

The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.91. The stock has a fifty day moving average price of $27.87 and a two-hundred day moving average price of $25.56.

SSE Company Profile

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.