SSE (SSEZY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research cut shares of SSE (OTCMKTS:SSEZY) from a buy rating to a hold rating in a report issued on Friday.

According to Zacks, “SSE PLC is engaged in the generation, transmission, distribution, and supply of electricity in the United Kingdom and Ireland. The Company also stores and distributes natural gas and provides other energy-related services. It operates a telecommunications network that offers bandwidth and capacity to companies, public sector organizations, Internet service providers, and others. SSE PLC, formerly known as Scottish and Southern Energy plc, is based in Perth, the United Kingdom. “

Separately, Jefferies Group upgraded shares of SSE from a hold rating to a buy rating in a research note on Tuesday, November 21st.

SSE (OTCMKTS:SSEZY) opened at $18.43 on Friday. SSE has a 52 week low of $17.33 and a 52 week high of $20.52. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 1.38.

The business also recently declared a None dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, January 19th will be paid a $0.354 dividend. The ex-dividend date of this dividend is Thursday, January 18th.

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SSE Company Profile

SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. The Company’s segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production.

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