Jersey Electricity (LON:JEL) Posts Quarterly Earnings Results

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

Jersey Electricity Trading Up 3.7%

Shares of JEL stock opened at GBX 460 on Thursday. Jersey Electricity has a 12-month low of GBX 420 and a 12-month high of GBX 490. The company has a market capitalization of £140.94 million, a P/E ratio of 12.81 and a beta of 0.29. The firm has a 50-day moving average price of GBX 449.07 and a 200 day moving average price of GBX 456.69. The company has a quick ratio of 2.90, a current ratio of 3.00 and a debt-to-equity ratio of 13.42.

Jersey Electricity Company Profile

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.