SSE (OTCMKTS:SSEZY) Hits New 12-Month Low – Here’s What Happened

SSE plc (OTCMKTS:SSEZY)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $18.60 and last traded at $18.61, with a volume of 138077 shares. The stock had previously closed at $19.18.

Wall Street Analyst Weigh In

SSEZY has been the topic of a number of research reports. UBS Group raised SSE from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Citigroup raised SSE from a “strong sell” rating to a “hold” rating in a report on Monday, January 20th.

SSE Stock Performance

The business has a 50 day moving average price of $19.96 and a 200-day moving average price of $22.69. 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 Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Friday, January 3rd will be paid a $0.2658 dividend. The ex-dividend date is Friday, January 3rd.

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.