SSE (OTCMKTS:SSEZY) Hits New 52-Week High – Time to Buy?

Sse Plc (OTCMKTS:SSEZY)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $30.73 and last traded at $30.34, with a volume of 34128 shares changing hands. The stock had previously closed at $30.44.

Wall Street Analyst Weigh In

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

SSE Stock Up 0.9%

The company’s fifty day moving average is $28.38 and its 200-day moving average is $25.79. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97.

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.