SSE plc (LON:SSE) Insider Alistair Phillips-Davies Buys 31 Shares

SSE plc (LON:SSE) insider Alistair Phillips-Davies purchased 31 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were bought at an average cost of GBX 1,508 ($18.96) per share, for a total transaction of £467.48 ($587.88).

SSE Price Performance

Shares of SSE opened at GBX 1,528 ($19.22) on Friday. The business’s 50-day moving average is GBX 1,566.85 and its two-hundred day moving average is GBX 1,742.40. The company has a market capitalization of £16.74 billion, a P/E ratio of 9.76, a P/E/G 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 plc has a fifty-two week low of GBX 1,460.50 ($18.37) and a fifty-two week high of GBX 2,019 ($25.39).

SSE Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, January 2nd were given a dividend of GBX 21.20 ($0.27) per share. This represents a yield of 1.25%. The ex-dividend date was Thursday, January 2nd. SSE’s dividend payout ratio is currently 38.33%.

Analysts Set New Price Targets

Separately, Citigroup reaffirmed a “sell” rating on shares of SSE in a research report on Thursday, December 5th.

SSE Company Profile

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.