Sse Plc (OTCMKTS:SSEZY) Given Average Rating of "Buy" by Brokerages

Key Points

• Sse Plc (OTCMKTS:SSEZY) has an average analyst rating of "Buy", with a mix of buy, strong buy, and hold recommendations from six analysts.
• The company recently announced a dividend increase, raising it to $0.537, representing a dividend yield of 310.0%.
• SSE stock's current price is $24.27, with a 12-month trading range between $18.60 and $27.32.

Sse Plc (OTCMKTS:SSEZY - Get Free Report) has earned a consensus rating of "Buy" from the six ratings firms that are covering the firm, MarketBeat.com reports. Two 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.

Separately, Morgan Stanley restated an "overweight" rating on shares of SSE in a report on Friday, May 23rd.

SSE Stock Down 0.5%

Shares of OTCMKTS SSEZY traded down $0.12 during trading on Friday, hitting $23.89. The company had a trading volume of 135,602 shares, compared to its average volume of 156,222. SSE has a 52 week low of $18.60 and a 52 week high of $27.32. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.01 and a quick ratio of 0.91. The business's 50-day moving average is $25.14 and its 200 day moving average is $22.50.

SSE Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, July 28th will be paid a dividend of $0.537 per share. This represents a dividend yield of 310.0%. This is an increase from SSE's previous dividend of $0.27. The ex-dividend date of this dividend is Friday, July 25th.

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.