Jersey Electricity (LON:JEL) Announces Quarterly Earnings Results

Jersey Electricity (LON:JEL) issued its earnings results on Tuesday. The company reported GBX 25.76 earnings per share for the quarter, Digital Look Earnings reports. Jersey Electricity had a return on equity of 4.19% and a net margin of 7.30%.The company had revenue of GBX 8,341 million for the quarter.

Jersey Electricity Stock Performance

Shares of LON JEL opened at GBX 450 on Wednesday. The company has a debt-to-equity ratio of 13.42, a quick ratio of 2.90 and a current ratio of 3.00. The firm has a market cap of £137.88 million, a price-to-earnings ratio of 12.53 and a beta of 0.29. The business’s 50-day simple moving average is GBX 448.98 and its 200-day simple moving average is GBX 456.80. Jersey Electricity has a 52 week low of GBX 420 and a 52 week high of GBX 490.

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. It also offers consulting services, including mechanical, electrical, and public health services for construction projects, businesses, and buildings; maintains and sells refrigeration and catering equipment; and operates and leases Powerhouse retail park to retailers.