SSE plc (LON:SSE) Insider Acquires £775.20 in Stock

SSE plc (LON:SSE) insider Martin Pibworth bought 40 shares of SSE stock in a transaction dated Thursday, September 19th. The stock was purchased at an average cost of GBX 1,938 ($25.95) per share, for a total transaction of £775.20 ($1,038.03).

SSE Stock Up 0.3 %

LON:SSE opened at GBX 1,955 ($26.18) on Thursday. The company has a market cap of £21.51 billion, a price-to-earnings ratio of 1,253.21, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. SSE plc has a twelve month low of GBX 1,485 ($19.88) and a twelve month high of GBX 2,019 ($27.04). The company has a current ratio of 1.10, a quick ratio of 0.50 and a debt-to-equity ratio of 78.20. The stock has a fifty day simple moving average of GBX 1,899.16 and a 200-day simple moving average of GBX 1,787.36.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of SSE in a research report on Friday, July 5th.

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.