SSE (LON:SSE) Hits New 1-Year High at $1,999.50

SSE plc (LON:SSE)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,999.50 ($26.15) and last traded at GBX 1,997 ($26.11), with a volume of 13631172 shares traded. The stock had previously closed at GBX 1,995.50 ($26.10).

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SSE shares. JPMorgan Chase & Co. restated an “overweight” rating on shares of SSE in a research note on Friday, July 5th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,050 ($26.81) price target on shares of SSE in a research note on Tuesday, May 28th.

SSE Trading Down 0.1 %

The company has a quick ratio of 0.50, a current ratio of 1.10 and a debt-to-equity ratio of 78.20. The firm’s 50 day simple moving average is GBX 1,865.59 and its two-hundred day simple moving average is GBX 1,757.83. The stock has a market cap of £21.72 billion, a P/E ratio of 1,278.21, a price-to-earnings-growth ratio of 2.97 and a beta of 0.56.

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.