SSE (OTCMKTS:SSEZY) Stock Price Down 0.9% - What's Next?

Shares of SSE plc (OTCMKTS:SSEZY - Get Free Report) fell 0.9% during trading on Monday . The company traded as low as $22.18 and last traded at $22.70. 109,761 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 195,028 shares. The stock had previously closed at $22.91.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SSEZY. Royal Bank of Canada restated an "outperform" rating on shares of SSE in a research note on Thursday, March 27th. Citigroup upgraded shares of SSE from a "strong sell" rating to a "hold" rating in a research note on Monday, January 20th. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, SSE has an average rating of "Buy".

SSE Stock Performance

The stock's 50 day simple moving average is $21.42 and its 200 day simple moving average is $20.80. 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 Company Profile

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.