SSE plc (OTCMKTS:SSEZY – Get Free Report) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totalling 30,100 shares, a decline of 86.2% from the September 15th total of 217,800 shares. Based on an average trading volume of 354,800 shares, the short-interest ratio is presently 0.1 days.
SSE Price Performance
OTCMKTS SSEZY traded down $0.18 on Thursday, hitting $24.16. 45,094 shares of the stock traded hands, compared to its average volume of 87,790. SSE has a 12 month low of $18.85 and a 12 month high of $27.01. The business’s fifty day moving average is $25.35 and its two-hundred day moving average is $23.59. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.10 and a quick ratio of 1.03.
Wall Street Analysts Forecast Growth
SSEZY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on SSE in a report on Wednesday, October 2nd. They set a “hold” rating for the company. Barclays upgraded SSE to a “strong-buy” rating in a research report on Monday, September 30th.
About SSE
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.
See Also
- Five stocks we like better than SSE
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- Insider Selling Explained: Can it Inform Your Investing Choices?
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Receive News & Ratings for SSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with MarketBeat.com's FREE daily email newsletter.