Jersey Electricity plc (LON:JEL - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 432.40 ($5.57) and traded as low as GBX 421 ($5.43). Jersey Electricity shares last traded at GBX 421 ($5.43), with a volume of 202 shares changing hands.
Jersey Electricity Trading Down 1.8 %
The company has a debt-to-equity ratio of 13.96, a quick ratio of 2.90 and a current ratio of 2.81. The company's 50-day moving average is GBX 430.92 and its 200-day moving average is GBX 432.28. The firm has a market cap of £131.57 million, a price-to-earnings ratio of 11.69 and a beta of 0.18.
Jersey Electricity (LON:JEL - Get Free Report) last released its quarterly earnings results on Wednesday, December 18th. The company reported GBX 37.92 ($0.49) earnings per share (EPS) for the quarter. Jersey Electricity had a return on equity of 4.58% and a net margin of 8.57%. On average, research analysts predict that Jersey Electricity plc will post 29.6610169 earnings per share for the current year.
Jersey Electricity Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 20th will be paid a dividend of GBX 12 ($0.15) per share. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from Jersey Electricity's previous dividend of $8.40. This represents a dividend yield of 2.73%. Jersey Electricity's payout ratio is currently 55.35%.
Insiders Place Their Bets
In other news, insider Christopher Ambler purchased 4,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of GBX 425 ($5.48) per share, with a total value of £17,000 ($21,907.22). Company insiders own 0.44% of the company's stock.
Jersey Electricity Company Profile
(
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Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and electric heating and hot water, electric transport, outdoor and indoor lighting, electric commercial kitchens, air conditioning, renewable energy, and CosyCare maintenance solutions.
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