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SSE (OTCMKTS:SSEZY) Shares Gap Down - Should You Sell?

SSE logo with Computer and Technology background
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Key Points

  • SSE shares gapped down before the open, sliding from $36.02 to an opening price of $33.68 and last trading at $33.50, down roughly 5.5% on about 22,700 shares.
  • Analyst sentiment is mixed with an average rating of Hold (3 Buy, 2 Hold, 2 Sell), though recent notable calls include Zacks downgrading to "strong sell" and Citigroup staying at "sell."
  • Key fundamentals and technicals: quick ratio 0.89, current ratio 0.97, debt/equity 0.65, 50‑day MA $35.80 and 200‑day MA $31.04; SSE is a UK energy company operating across generation, supply and networks with significant renewable assets.
  • MarketBeat previews top five stocks to own in May.

Sse Plc (OTCMKTS:SSEZY - Get Free Report)'s stock price gapped down before the market opened on Friday . The stock had previously closed at $36.02, but opened at $33.68. SSE shares last traded at $33.50, with a volume of 22,700 shares traded.

Analysts Set New Price Targets

Several research firms have recently commented on SSEZY. Zacks Research downgraded shares of SSE from a "hold" rating to a "strong sell" rating in a report on Thursday, April 2nd. Citigroup reaffirmed a "sell" rating on shares of SSE in a report on Monday, January 26th. Morgan Stanley reaffirmed an "overweight" rating on shares of SSE in a report on Wednesday, January 7th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating on shares of SSE in a report on Monday, March 23rd. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold".

Check Out Our Latest Analysis on SSEZY

SSE Stock Down 5.5%

The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 0.65. The firm's 50 day moving average is $35.80 and its 200-day moving average is $31.04.

About SSE

(Get Free Report)

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.

See Also

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