Shares of SSE PLC/S (OTCMKTS:SSEZY) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $19.03 and last traded at $18.86, with a volume of 122278 shares traded. The stock had previously closed at $17.19.
Several analysts have recently commented on the company. Zacks Investment Research downgraded SSE PLC/S from a “buy” rating to a “hold” rating in a research note on Thursday, November 21st. Barclays raised SSE PLC/S from an “underweight” rating to an “equal weight” rating in a research note on Monday, September 30th. HSBC upgraded SSE PLC/S from a “hold” rating to a “buy” rating in a report on Tuesday, October 22nd. Credit Suisse Group cut SSE PLC/S from an “outperform” rating to a “neutral” rating in a research note on Monday, October 14th. Finally, Berenberg Bank cut SSE PLC/S from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $19.00.
The firm has a market cap of $18.24 billion, a price-to-earnings ratio of 21.68, a P/E/G ratio of 1.35 and a beta of 0.74. The firm’s 50-day moving average is $16.83 and its 200-day moving average is $15.05. The company has a current ratio of 1.03, a quick ratio of 1.00 and a debt-to-equity ratio of 1.48.
About SSE PLC/S (OTCMKTS:SSEZY)
SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company operates through three segments: Wholesale, Networks, and Retail. It generates electricity from gas, oil, coal, water, and wind. The company transmits and distributes electricity to approximately 3.7 million homes and businesses across the north of the central belt of Scotland and also central southern England; owns and maintains 132 kilovolts (KV), 275kV, and 400kV electricity transmission network; and manages 130,000 kilometers of overhead lines and underground cables, 106,000 substations, and approximately 100 subsea cables.
Further Reading: Why are gap-down stocks important?
Receive News & Ratings for SSE PLC/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE PLC/S and related companies with MarketBeat.com's FREE daily email newsletter.