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SSE (LON:SSE) Stock Price Passes Above Two Hundred Day Moving Average - Time to Sell?

SSE logo with Utilities background

SSE plc (LON:SSE - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,816.84 ($23.59) and traded as high as GBX 1,895.50 ($24.61). SSE shares last traded at GBX 1,847 ($23.98), with a volume of 1,816,363 shares traded.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of SSE in a research note on Friday, July 5th.

View Our Latest Stock Report on SSE

SSE Price Performance

The company has a market cap of £20.12 billion, a PE ratio of 1,172.44, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. The company has a quick ratio of 0.50, a current ratio of 1.10 and a debt-to-equity ratio of 78.20. The firm has a 50 day simple moving average of GBX 1,907.34 and a 200-day simple moving average of GBX 1,816.93.

Insider Activity

In other news, insider Martin Pibworth acquired 40 shares of SSE stock in a transaction that occurred on Thursday, September 19th. The stock was purchased at an average price of GBX 1,938 ($25.16) per share, for a total transaction of £775.20 ($1,006.49). Company insiders own 0.12% of the company's stock.

About SSE

(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.

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