SSE (OTCMKTS:SSEZY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

SSE plc (OTCMKTS:SSEZY) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $19.56 and traded as low as $19.08. SSE shares last traded at $20.13, with a volume of 64,009 shares traded.

Analyst Upgrades and Downgrades

SSEZY has been the topic of a number of research reports. Citigroup upgraded shares of SSE from a “strong sell” rating to a “hold” rating in a research report on Monday, January 20th. UBS Group upgraded shares of SSE from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

SSE Stock Performance

The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 0.92. The stock’s 50-day moving average is $19.56 and its 200-day moving average is $21.90.

About SSE

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.