Jersey Electricity (LON:JEL) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of Jersey Electricity plc (LON:JEL) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 464.57 and traded as low as GBX 441. Jersey Electricity shares last traded at GBX 441, with a volume of 307 shares changing hands.

Jersey Electricity Trading Down 0.9%

The company has a current ratio of 2.78, a quick ratio of 2.90 and a debt-to-equity ratio of 13.72. The business has a fifty day moving average price of GBX 464.57 and a 200 day moving average price of GBX 467.34. The firm has a market cap of £135.12 million, a PE ratio of 12.28 and a beta of 0.24.

Jersey Electricity (LON:JEL) last announced its quarterly earnings results on Wednesday, December 17th. The company reported GBX 35.90 EPS for the quarter. Jersey Electricity had a net margin of 7.52% and a return on equity of 4.35%. Analysts forecast that Jersey Electricity plc will post 29.6610169 EPS for the current year.

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.