SSE (OTCMKTS:SSEZY) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

SSE plc (OTCMKTS:SSEZYGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-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.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Barclays upgraded SSE to a “strong-buy” rating in a research report on Monday, September 30th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of SSE in a research report on Wednesday, October 2nd. They set a “hold” rating for the company.

View Our Latest Analysis on SSEZY

SSE Trading Down 0.5 %

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 firm’s 50 day simple moving average is $25.41 and its 200 day simple moving average is $23.72.

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.

Further Reading

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