Jersey Electricity (LON:JEL) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Jersey Electricity plc (LON:JEL)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 464.57 and traded as low as GBX 441. Jersey Electricity shares last traded at GBX 441, with a volume of 307 shares trading hands.

Jersey Electricity Stock Performance

The company has a debt-to-equity ratio of 13.72, a quick ratio of 2.90 and a current ratio of 2.78. The company has a market cap of £135.12 million, a PE ratio of 12.28 and a beta of 0.24. The company’s 50 day moving average price is GBX 464.57 and its 200-day moving average price is GBX 467.31.

Jersey Electricity (LON:JEL) last posted its quarterly earnings data on Wednesday, December 17th. The company reported GBX 35.90 EPS for the quarter. Jersey Electricity had a return on equity of 4.35% and a net margin of 7.52%. Equities research analysts anticipate that Jersey Electricity plc will post 29.6610169 earnings per share for the current fiscal year.

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.