SSE (LON:SSE) Stock Price Crosses Above 200 Day Moving Average - What's Next?

SSE plc (LON:SSE - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,618.50 ($21.80) and traded as high as GBX 1,833.50 ($24.69). SSE shares last traded at GBX 1,827.65 ($24.61), with a volume of 3,126,085 shares trading hands.

SSE Price Performance

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 1,712.32 and its 200 day moving average is GBX 1,621.74. The company has a market cap of £20.06 billion, a P/E ratio of 11.70, a PEG ratio of 3.06 and a beta of 0.56.

SSE (LON:SSE - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The company reported GBX 160.90 ($2.17) earnings per share (EPS) for the quarter. SSE had a return on equity of 17.83% and a net margin of 16.36%. As a group, sell-side analysts anticipate that SSE plc will post 163.8865004 EPS for the current year.

Insider Activity at SSE

In related news, insider Alistair Phillips-Davies sold 43,145 shares of the stock in a transaction dated Friday, June 6th. The stock was sold at an average price of GBX 1,755 ($23.63), for a total transaction of £757,194.75 ($1,019,653.58). Also, insider Martin Pibworth sold 28,449 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of GBX 1,754 ($23.62), for a total value of £498,995.46 ($671,957.26). In the last ninety days, insiders have acquired 11 shares of company stock worth $19,234 and have sold 78,149 shares worth $137,123,046. 0.12% of the stock is currently owned by corporate 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.