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SSE (OTCMKTS:SSEZY) Shares Cross Below 50 Day Moving Average - Here's What Happened

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Shares of SSE plc (OTCMKTS:SSEZY - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $19.56 and traded as low as $19.08. SSE shares last traded at $20.13, with a volume of 64,009 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on SSEZY shares. Citigroup raised SSE from a "strong sell" rating to a "hold" rating in a research report on Monday, January 20th. UBS Group raised SSE from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th.

Get Our Latest Analysis on SSE

SSE Stock Performance

The stock has a fifty day moving average of $19.62 and a 200 day moving average of $21.85. The company has a quick ratio of 0.85, a current ratio of 0.92 and a debt-to-equity ratio of 0.64.

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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