SSE (OTCMKTS:SSEZY) Shares Pass Below 50 Day Moving Average – Should You Sell?

by · The Cerbat Gem

SSE plc (OTCMKTS:SSEZY – Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $25.41 and traded as low as $25.02. SSE shares last traded at $25.10, with a volume of 86,665 shares traded.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of SSE in a research report on Wednesday, October 2nd. They issued a “hold” rating on the stock. Barclays upgraded SSE to a “strong-buy” rating in a report on Monday, September 30th.

Get Our Latest Research Report on SSE

SSE Trading Down 0.8 %

The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average is $25.42 and its 200-day moving average is $23.75.

SSE Company Profile

(Get Free Report)

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.

Featured Articles