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 425.96 ($5.69) and traded as low as GBX 416 ($5.55). Jersey Electricity shares last traded at GBX 436 ($5.82), with a volume of 1,680 shares traded.
Jersey Electricity Price Performance
The business's 50 day moving average is GBX 426.26 and its two-hundred day moving average is GBX 430.47. The company has a quick ratio of 2.90, a current ratio of 2.81 and a debt-to-equity ratio of 13.96. The firm has a market cap of £136.42 million, a P/E ratio of 12.12 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 dividend of GBX 12 ($0.16) per share. This is a positive change from Jersey Electricity's previous dividend of $8.40. This represents a yield of 2.73%. The ex-dividend date was Thursday, February 20th. Jersey Electricity's payout ratio is currently 55.35%.
Insider Buying and Selling
In other news, insider Christopher Ambler acquired 4,000 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was bought at an average cost of GBX 425 ($5.67) per share, for a total transaction of £17,000 ($22,699.96). 0.44% of the stock is owned by insiders.
About Jersey Electricity
(
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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.
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