SSE (OTCMKTS:SSEZY) Sees Strong Trading Volume – What’s Next?

Sse Plc (OTCMKTS:SSEZY) shares saw unusually-strong trading volume on Tuesday . Approximately 247,455 shares were traded during trading, an increase of 32% from the previous session’s volume of 187,625 shares.The stock last traded at $29.80 and had previously closed at $29.86.

Analysts Set New Price Targets

Several analysts have recently weighed in on SSEZY shares. Zacks Research downgraded SSE from a “hold” rating to a “strong sell” rating in a report on Thursday, November 20th. UBS Group lowered SSE from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Citigroup cut SSE from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SSE in a research report on Friday, November 14th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of SSE in a report on Friday, November 14th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, SSE presently has an average rating of “Hold”.

SSE Trading Down 1.2%

The company has a quick ratio of 0.91, a current ratio of 1.01 and a debt-to-equity ratio of 0.68. The firm has a 50 day simple moving average of $26.36 and a two-hundred day simple moving average of $25.06.

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.