SSE (OTCMKTS:SSEZY) Stock Passes Above 50-Day Moving Average – Time to Sell?

Sse Plc (OTCMKTS:SSEZYGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $32.16 and traded as high as $32.34. SSE shares last traded at $32.14, with a volume of 236,374 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised SSE from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, SSE currently has a consensus rating of “Hold”.

Get Our Latest Report on SSE

SSE Stock Up 1.1%

The company’s fifty day moving average is $32.16 and its 200 day moving average is $33.81. The company has a quick ratio of 1.12, a current ratio of 1.20 and a debt-to-equity ratio of 0.54.

About SSE

(Get Free Report)

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.

Further Reading

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