SSE plc (LON:SSE - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,807.51 ($23.60) and traded as high as GBX 1,940 ($25.33). SSE shares last traded at GBX 1,932 ($25.23), with a volume of 3,049,653 shares.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. restated an "overweight" rating on shares of SSE in a research note on Friday, July 5th.
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SSE Price Performance
The business's 50 day moving average is GBX 1,905.73 and its 200-day moving average is GBX 1,808.37. The company has a debt-to-equity ratio of 78.20, a quick ratio of 0.50 and a current ratio of 1.10. The firm has a market capitalization of £21.25 billion, a price-to-earnings ratio of 1,238.46, a price-to-earnings-growth ratio of 2.97 and a beta of 0.56.
Insider Activity at SSE
In other news, insider Martin Pibworth bought 40 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were acquired at an average cost of GBX 1,938 ($25.31) per share, for a total transaction of £775.20 ($1,012.27). 0.12% of the stock is currently owned by company insiders.
SSE Company Profile
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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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