Jersey Electricity (LON:JEL) Hits New 1-Year High - Time to Buy?

Jersey Electricity plc (LON:JEL - Get Free Report)'s share price hit a new 52-week high on Friday . The stock traded as high as GBX 490 ($6.65) and last traded at GBX 488.50 ($6.63), with a volume of 24332 shares traded. The stock had previously closed at GBX 480 ($6.52).

Jersey Electricity Price Performance

The firm has a 50 day moving average price of GBX 435.78 and a 200 day moving average price of GBX 433.52. The stock has a market capitalization of £152.15 million, a PE ratio of 13.52 and a beta of 0.18. 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 (LON:JEL - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The company reported GBX 26 ($0.35) EPS for the quarter. Jersey Electricity had a return on equity of 4.58% and a net margin of 8.57%. Research analysts anticipate that Jersey Electricity plc will post 29.6610169 earnings per share for the current year.

Jersey Electricity Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 14th. Stockholders 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%. This is an increase from Jersey Electricity's previous dividend of $8.40. The ex-dividend date of this dividend was Thursday, February 20th. Jersey Electricity's dividend payout ratio (DPR) is presently 55.35%.

About Jersey Electricity

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.