Jersey Electricity plc (LON:JEL - Get Free Report) insider Christopher Ambler acquired 4,000 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was bought at an average price of GBX 425 ($5.48) per share, with a total value of £17,000 ($21,907.22).
Jersey Electricity Stock Performance
JEL opened at GBX 421 ($5.43) on Friday. The business's 50-day simple moving average is GBX 430.92 and its 200 day simple moving average is GBX 432.28. Jersey Electricity plc has a 52-week low of GBX 400 ($5.15) and a 52-week high of GBX 490 ($6.31). 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 £131.13 million, a PE ratio of 11.65 and a beta of 0.18.
Jersey Electricity (LON:JEL - Get Free Report) last posted its quarterly earnings results on Wednesday, December 18th. The company reported GBX 37.92 ($0.49) earnings per share for the quarter. Jersey Electricity had a return on equity of 4.58% and a net margin of 8.57%. As a group, sell-side analysts expect that Jersey Electricity plc will post 29.6610169 earnings per share for the current fiscal year.
Jersey Electricity Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 12 ($0.15) 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 of this dividend is Thursday, February 20th. Jersey Electricity's dividend payout ratio is 55.35%.
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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