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

SSE plc (LON:SSE - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,615.92 ($21.85) and traded as high as GBX 1,780 ($24.06). SSE shares last traded at GBX 1,761 ($23.81), with a volume of 6,071,697 shares changing hands.

SSE Stock Performance

The company has a market capitalization of £19.08 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. The company has a current ratio of 1.10, a quick ratio of 0.50 and a debt-to-equity ratio of 82.62. The business's fifty day moving average is GBX 1,656.81 and its two-hundred day moving average is GBX 1,614.44.

SSE (LON:SSE - Get Free Report) last posted its earnings results on Wednesday, May 21st. The company reported GBX 160.90 ($2.18) EPS for the quarter. SSE had a return on equity of 17.83% and a net margin of 16.36%. Equities research analysts predict that SSE plc will post 163.8865004 earnings per share for the current year.

SSE Company Profile

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.