Jersey Electricity (LON:JEL) Issues Earnings Results

Jersey Electricity (LON:JEL) announced its quarterly earnings results on Wednesday. The company reported GBX 35.90 earnings per share for the quarter, Digital Look Earnings reports. Jersey Electricity had a return on equity of 4.58% and a net margin of 8.57%.

Jersey Electricity Stock Down 3.2%

Shares of Jersey Electricity stock opened at GBX 460 on Wednesday. The business has a fifty day simple moving average of GBX 470.33 and a 200 day simple moving average of GBX 468.79. The stock has a market cap of £140.94 million, a PE ratio of 11.99 and a beta of 0.18. The company has a quick ratio of 2.90, a current ratio of 2.81 and a debt-to-equity ratio of 13.96. Jersey Electricity has a 12 month low of GBX 411 and a 12 month high of GBX 497.69.

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.