Jersey Electricity (LON:JEL) Trading Down 2.1% - Time to Sell?

Key Points

• Jersey Electricity stock decreased by 2.1% during mid-day trading, closing at GBX 465 ($6.17) with increased trading volume of approximately 5,259 shares.
• The company reported an earnings per share (EPS) of GBX 26 ($0.34) for the last quarter and has a net margin of 8.57%.
• Jersey Electricity has a market capitalization of £144.83 million and a debt-to-equity ratio of 13.96, indicating a relatively high level of debt compared to equity.

Shares of Jersey Electricity plc (LON:JEL - Get Free Report) traded down 2.1% during trading on Wednesday . The company traded as low as GBX 465 ($6.17) and last traded at GBX 465 ($6.17). 5,259 shares changed hands during trading, an increase of 42% from the average session volume of 3,694 shares. The stock had previously closed at GBX 475 ($6.30).

Jersey Electricity Stock Up 1.5%

The firm has a market capitalization of £150.13 million, a price-to-earnings ratio of 13.34 and a beta of 0.18. The company has a debt-to-equity ratio of 13.96, a current ratio of 2.81 and a quick ratio of 2.90. The business has a 50 day moving average of GBX 464.40 and a 200 day moving average of GBX 441.22.

Jersey Electricity (LON:JEL - Get Free Report) last announced 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%. On average, equities analysts anticipate that Jersey Electricity plc will post 29.6610169 EPS for the current 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.