Jersey Electricity (LON:JEL) Announces Earnings Results

Jersey Electricity (LON:JEL) issued its quarterly earnings results on Wednesday. The company reported GBX 35.90 earnings per share for the quarter, Digital Look Earnings reports. Jersey Electricity had a net margin of 8.57% and a return on equity of 4.58%.

Jersey Electricity Stock Down 1.3%

Shares of JEL stock opened at GBX 469 on Wednesday. The firm’s fifty day moving average price is GBX 470.33 and its two-hundred day moving average price is GBX 468.79. The company has a current ratio of 2.81, a quick ratio of 2.90 and a debt-to-equity ratio of 13.96. Jersey Electricity has a 1 year low of GBX 411 and a 1 year high of GBX 497.69. The firm has a market capitalization of £143.70 million, a P/E ratio of 12.22 and a beta of 0.18.

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.