SSE PLC/S (OTCMKTS:SSEZY) Upgraded at Zacks Investment Research

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Zacks Investment Research upgraded shares of SSE PLC/S (OTCMKTS:SSEZY) from a sell rating to a hold rating in a report published on Tuesday morning, Zacks.com reports.

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. “

Shares of SSEZY stock opened at $15.42 on Tuesday. The business’s 50-day moving average price is $13.90 and its 200-day moving average price is $14.49. SSE PLC/S has a 12 month low of $12.75 and a 12 month high of $16.50. The firm has a market capitalization of $15.65 billion, a price-to-earnings ratio of 17.72, a PEG ratio of 1.04 and a beta of 0.72. The company has a current ratio of 1.03, a quick ratio of 1.00 and a debt-to-equity ratio of 1.48.

About SSE PLC/S

SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company operates through three segments: Wholesale, Networks, and Retail. It generates electricity from gas, oil, coal, water, and wind. The company transmits and distributes electricity to approximately 3.7 million homes and businesses across the north of the central belt of Scotland and also central southern England; owns and maintains 132 kilovolts (KV), 275kV, and 400kV electricity transmission network; and manages 130,000 kilometers of overhead lines and underground cables, 106,000 substations, and approximately 100 subsea cables.

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