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SSE (OTCMKTS:SSEZY) Sees Large Volume Increase - Time to Buy?

SSE logo with Computer and Technology background

Shares of Sse Plc (OTCMKTS:SSEZY - Get Free Report) saw strong trading volume on Wednesday . 334,347 shares traded hands during mid-day trading, an increase of 111% from the previous session's volume of 158,622 shares.The stock last traded at $25.98 and had previously closed at $25.74.

Analysts Set New Price Targets

SSEZY has been the topic of several recent research reports. Royal Bank Of Canada restated an "outperform" rating on shares of SSE in a research report on Thursday, March 27th. Morgan Stanley reiterated an "overweight" rating on shares of SSE in a research report on Friday, May 23rd. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy".

View Our Latest Stock Report on SSEZY

SSE Price Performance

The business's 50 day simple moving average is $24.44 and its 200-day simple moving average is $21.65. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.91 and a current ratio of 1.01.

About SSE

(Get Free Report)

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.

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