SSE plc (LON:SSE - Get Free Report) insider Alistair Phillips-Davies bought 31 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were acquired at an average price of GBX 1,508 ($18.96) per share, for a total transaction of £467.48 ($587.88).
SSE Trading Up 2.6 %
Shares of SSE stock opened at GBX 1,528 ($19.22) on Friday. The firm has a market capitalization of £16.74 billion, a PE ratio of 9.76, a P/E/G ratio of 3.06 and a beta of 0.56. SSE plc has a twelve month low of GBX 1,460.50 ($18.37) and a twelve month high of GBX 2,019 ($25.39). The firm's 50-day moving average price is GBX 1,566.85 and its 200 day moving average price is GBX 1,742.40. The company has a current ratio of 1.10, a quick ratio of 0.50 and a debt-to-equity ratio of 82.62.
SSE Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, January 2nd were paid a GBX 21.20 ($0.27) dividend. This represents a yield of 1.25%. The ex-dividend date was Thursday, January 2nd. SSE's dividend payout ratio is presently 38.33%.
Analysts Set New Price Targets
Separately, Citigroup reaffirmed a "sell" rating on shares of SSE in a research note on Thursday, December 5th.
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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.
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