SSE plc (LON:SSE - Get Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 1,489.09 ($18.74) and last traded at GBX 1,499.50 ($18.87), with a volume of 16266640 shares trading hands. The stock had previously closed at GBX 1,507.50 ($18.97).
Wall Street Analysts Forecast Growth
Separately, Citigroup reissued a "sell" rating on shares of SSE in a report on Thursday, December 5th.
Check Out Our Latest Stock Report on SSE
SSE Stock Performance
The firm's 50 day moving average is GBX 1,584.27 and its 200-day moving average is GBX 1,758.47. The stock has a market capitalization of £16.16 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 3.06 and a beta of 0.56. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10.
SSE Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, January 2nd will be issued a GBX 21.20 ($0.27) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a yield of 1.25%. SSE's payout ratio is 38.33%.
About SSE
(
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SSE is an integrated energy group focused on regulated electricity networks and renewable energy with flexible generation.
Our strategy is to create value for shareholders and society in a sustainable way by developing, building, operating and investing in the electricity infrastructure and businesses needed in the transition to net zero.
Further Reading
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