Free Trial

Jersey Electricity (LON:JEL) Stock Passes Below 50 Day Moving Average - Here's What Happened

Jersey Electricity logo with Utilities background
Remove Ads

Shares of Jersey Electricity plc (LON:JEL - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 429.10 ($5.55) and traded as low as GBX 425 ($5.49). Jersey Electricity shares last traded at GBX 425 ($5.49), with a volume of 161 shares trading hands.

Jersey Electricity Price Performance

The company has a debt-to-equity ratio of 13.96, a current ratio of 2.81 and a quick ratio of 2.90. The stock's 50 day moving average price is GBX 428.66 and its two-hundred day moving average price is GBX 431.34. The firm has a market capitalization of £132.37 million, a price-to-earnings ratio of 11.76 and a beta of 0.18.

Jersey Electricity (LON:JEL - Get Free Report) last announced its earnings results on Wednesday, December 18th. The company reported GBX 37.92 ($0.49) EPS for the quarter. Jersey Electricity had a net margin of 8.57% and a return on equity of 4.58%. On average, equities research analysts anticipate that Jersey Electricity plc will post 29.6610169 EPS for the current year.

Jersey Electricity Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 20th were given a dividend of GBX 12 ($0.16) per share. This represents a dividend yield of 2.73%. The ex-dividend date of this dividend was Thursday, February 20th. This is a boost from Jersey Electricity's previous dividend of $8.40. Jersey Electricity's payout ratio is currently 55.35%.

Remove Ads

Insider Buying and Selling at Jersey Electricity

In related news, insider Christopher Ambler purchased 4,000 shares of Jersey Electricity stock in a transaction on Thursday, March 6th. The stock was purchased at an average cost of GBX 425 ($5.49) per share, with a total value of £17,000 ($21,975.18). Insiders own 0.44% of the company's stock.

Jersey Electricity Company Profile

(Get Free Report)

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.

Recommended Stories

Should You Invest $1,000 in Jersey Electricity Right Now?

Before you consider Jersey Electricity, 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 Jersey Electricity wasn't on the list.

While Jersey Electricity currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads