Jersey Electricity (LON:JEL) Releases Earnings Results

Jersey Electricity (LON:JEL) posted its quarterly earnings results on Tuesday. The company reported GBX 25.76 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 8,341 million during the quarter. Jersey Electricity had a net margin of 7.30% and a return on equity of 4.19%.

Jersey Electricity Price Performance

Shares of LON:JEL opened at GBX 455 on Tuesday. The company has a debt-to-equity ratio of 13.42, a quick ratio of 2.90 and a current ratio of 3.00. The firm has a fifty day moving average price of GBX 448.77 and a 200 day moving average price of GBX 456.98. Jersey Electricity has a fifty-two week low of GBX 420 and a fifty-two week high of GBX 490. The firm has a market cap of £139.41 million, a price-to-earnings ratio of 12.67 and a beta of 0.29.

About Jersey Electricity

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. It also offers consulting services, including mechanical, electrical, and public health services for construction projects, businesses, and buildings; maintains and sells refrigeration and catering equipment; and operates and leases Powerhouse retail park to retailers.