SSE (OTCMKTS:SSEZY) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Sse Plc (OTCMKTS:SSEZYGet Free Report)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $32.16 and traded as high as $32.34. SSE shares last traded at $32.14, with a volume of 236,374 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Stock Report on SSE

SSE Stock Up 1.1%

The company has a debt-to-equity ratio of 0.54, a current ratio of 1.20 and a quick ratio of 1.12. The business’s fifty day moving average is $32.16 and its 200-day moving average is $33.81.

About SSE

(Get Free Report)

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.

Further Reading

Receive News & Ratings for SSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with MarketBeat.com's FREE daily email newsletter.