SSE (OTCMKTS:SSEZY) Sees Strong Trading Volume – Still a Buy?

Sse Plc (OTCMKTS:SSEZY) shares saw strong trading volume on Monday . 382,666 shares were traded during mid-day trading, an increase of 53% from the previous session’s volume of 250,193 shares.The stock last traded at $31.07 and had previously closed at $30.5709.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. The Goldman Sachs Group restated a “neutral” rating on shares of SSE in a research note on Monday, March 23rd. Zacks Research lowered shares of SSE from a “hold” rating to a “strong sell” rating in a report on Thursday, April 2nd. Finally, Citigroup reissued a “sell” rating on shares of SSE in a research report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

SSE Stock Performance

The stock has a 50-day moving average of $35.32 and a 200 day moving average of $32.47. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.89.

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.