Jersey Electricity plc (LON:JEL - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 426.15 ($5.65) and traded as low as GBX 414 ($5.49). Jersey Electricity shares last traded at GBX 439.40 ($5.82), with a volume of 3,029 shares.
Jersey Electricity Price Performance
The business has a fifty day moving average of GBX 425.32 and a two-hundred day moving average of GBX 430.61. The company has a debt-to-equity ratio of 13.96, a quick ratio of 2.90 and a current ratio of 2.81. The firm has a market capitalization of £130.19 million, a price-to-earnings ratio of 11.57 and a beta of 0.18.
Jersey Electricity Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 20th were issued a GBX 12 ($0.16) dividend. This is an increase from Jersey Electricity's previous dividend of $8.40. This represents a dividend yield of 2.73%. The ex-dividend date was Thursday, February 20th. Jersey Electricity's payout ratio is currently 55.35%.
Insider Transactions at Jersey Electricity
In other news, insider Christopher Ambler purchased 4,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of GBX 425 ($5.63) per share, with a total value of £17,000 ($22,525.51). 0.44% of the stock is currently owned by corporate insiders.
About Jersey Electricity
(
Get Free Report)
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.
Recommended Stories
Before you consider Jersey Electricity, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jersey Electricity wasn't on the list.
While Jersey Electricity currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
