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 1,619.85 ($21.64) and traded as high as GBX 1,694 ($22.63). SSE shares last traded at GBX 1,691 ($22.59), with a volume of 1,683,299 shares trading hands.
SSE Price Performance
The company has a debt-to-equity ratio of 82.62, a current ratio of 1.10 and a quick ratio of 0.50. The stock has a market capitalization of £19.61 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 3.06 and a beta of 0.56. The stock's 50 day simple moving average is GBX 1,608.11 and its 200-day simple moving average is GBX 1,616.71.
SSE Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, January 2nd were issued a dividend of GBX 21.20 ($0.28) per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a dividend yield of 1.25%. SSE's dividend payout ratio is currently 38.33%.
Insider Activity at SSE
In related news, insider Alistair Phillips-Davies acquired 31 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average cost of GBX 1,508 ($20.14) per share, with a total value of £467.48 ($624.39). 0.12% of the stock is owned by company insiders.
SSE Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider SSE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SSE wasn't on the list.
While SSE currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
