SSE (LON:SSE) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

SSE plc (LON:SSE - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,619.85 ($21.54) and traded as high as GBX 1,694 ($22.53). SSE shares last traded at GBX 1,691 ($22.49), with a volume of 1,683,299 shares trading hands.

SSE Stock Up 0.5%

The company's 50 day moving average price is GBX 1,602.95 and its two-hundred day moving average price is GBX 1,617.67. The company has a quick ratio of 0.50, a current ratio of 1.10 and a debt-to-equity ratio of 82.62. The stock has a market cap of £19.20 billion, a P/E ratio of 11.20, a P/E/G ratio of 3.06 and a beta of 0.56.

SSE Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, January 2nd were paid a GBX 21.20 ($0.28) dividend. This represents a yield of 1.25%. The ex-dividend date of this dividend was Thursday, January 2nd. SSE's dividend payout ratio (DPR) is 38.33%.

Insider Buying and Selling

In other SSE news, insider Alistair Phillips-Davies purchased 31 shares of SSE stock in a transaction dated Thursday, February 27th. The shares were acquired at an average cost of GBX 1,508 ($20.05) per share, with a total value of £467.48 ($621.65). 0.12% of the stock is currently owned by insiders.

About SSE

SSE is an integrated energy group focused on regulated electricity networks and renewable energy with flexible generation. Our strategy is to create value for shareholders and society in a sustainable way by developing, building, operating and investing in the electricity infrastructure and businesses needed in the transition to net zero.