SSE’s (SSE) Sell Rating Reiterated at Citigroup

SSE (LON:SSE)‘s stock had its “sell” rating restated by Citigroup in a report released on Thursday,Digital Look reports.

SSE Price Performance

LON:SSE opened at GBX 1,722.50 ($21.89) on Thursday. SSE has a 52 week low of GBX 1,543.50 ($19.61) and a 52 week high of GBX 2,019 ($25.65). 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 stock has a market capitalization of £18.95 billion, a PE ratio of 1,104.17, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. The stock’s 50-day moving average price is GBX 1,826.92 and its 200-day moving average price is GBX 1,835.07.

Insider Activity

In related news, insider Martin Pibworth purchased 40 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The shares were purchased at an average cost of GBX 1,938 ($24.63) per share, with a total value of £775.20 ($985.01). Insiders own 0.12% of the company’s stock.

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.