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

Key Points

• Shares fell below their 50‑day moving average, trading as low as GBX 441 versus a 50‑day MA of GBX 464.57 (200‑day MA GBX 467.31) on light volume (307 shares).
• Fundamentals: market capitalization £135.12 million with a P/E of 12.28 and low beta (0.24); the company reported quarterly EPS of GBX 35.90, a net margin of 7.52% and ROE of 4.35%, while analysts expect about GBX 29.66 EPS for the current fiscal year.

Jersey Electricity plc (LON:JEL - Get Free Report) passed 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.

Jersey Electricity Stock Down 0.9%

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

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

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. 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.

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