SSE plc (OTCMKTS:SSEZY) Given Average Recommendation of “Buy” by Analysts

SSE plc (OTCMKTS:SSEZY) has been given an average rating of “Buy” by the six research firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

SSEZY has been the topic of a number of research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a research note on Friday, May 23rd. Royal Bank of Canada reaffirmed an “outperform” rating on shares of SSE in a research note on Thursday, March 27th.

SSE Stock Performance

Shares of SSEZY opened at $24.20 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.92 and a quick ratio of 0.85. SSE has a 12-month low of $18.60 and a 12-month high of $27.01. The business’s 50 day moving average is $22.22 and its 200 day moving average is $20.90.

About SSE

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.