Zacks Research Upgrades SSE (OTCMKTS:SSEZY) to Hold

by · The Markets Daily

SSE (OTCMKTS:SSEZY – Get Free Report) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group reiterated a “neutral” rating on shares of SSE in a report on Monday, March 23rd. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Get Our Latest Stock Analysis on SSEZY

SSE Stock Down 1.4%

Shares of SSE stock opened at $30.76 on Monday. SSE has a 1 year low of $21.70 and a 1 year high of $37.51. The business has a 50-day moving average of $34.42 and a two-hundred day moving average of $32.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97.

About SSE

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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.

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