Jersey Electricity (LON:JEL) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Jersey Electricity plc (LON:JEL)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 471.73 and traded as low as GBX 470. Jersey Electricity shares last traded at GBX 477, with a volume of 10 shares trading hands.

Jersey Electricity Stock Up 1.5%

The firm’s fifty day simple moving average is GBX 471.73 and its 200-day simple moving average is GBX 463. The company has a market cap of £146.15 million, a PE ratio of 12.43 and a beta of 0.18. The company has a quick ratio of 2.90, a current ratio of 2.81 and a debt-to-equity ratio of 13.96.

Insider Buying and Selling at Jersey Electricity

In related news, insider Elisabeth Iceton sold 1,700 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of GBX 465, for a total transaction of £7,905. 0.28% of the stock is currently owned by corporate insiders.

Jersey Electricity Company Profile

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.