Jersey Electricity (LON:JEL) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Posted by Casey Walker on Feb 13th, 2025

Jersey Electricity plc (LON:JEL – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 434.72 ($5.41) and traded as low as GBX 423 ($5.27). Jersey Electricity shares last traded at GBX 423 ($5.27), with a volume of 966 shares traded.

Jersey Electricity Price Performance

The stock has a market cap of £49.24 million, a P/E ratio of 1,143.24 and a beta of 0.18. The company has a debt-to-equity ratio of 13.55, a quick ratio of 2.90 and a current ratio of 3.57. The firm has a 50-day moving average price of GBX 436.07 and a 200-day moving average price of GBX 434.72.

Jersey Electricity (LON:JEL – Get Free Report) last announced its quarterly earnings data on Wednesday, December 18th. The company reported GBX 37.92 ($0.47) EPS for the quarter. Jersey Electricity had a return on equity of 4.64% and a net margin of 8.57%. On average, analysts forecast that Jersey Electricity plc will post 29.6610169 earnings per share for the current fiscal year.

Jersey Electricity Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 20th will be given a GBX 12 ($0.15) dividend. 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 is Thursday, February 20th. Jersey Electricity’s payout ratio is presently 5,405.41%.

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.