Jersey Electricity (LON:JEL) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Jersey Electricity plc (LON:JEL)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 467.61 and traded as low as GBX 447. Jersey Electricity shares last traded at GBX 447, with a volume of 12,500 shares traded.

Jersey Electricity Price Performance

The firm has a market cap of £136.35 million, a PE ratio of 12.40 and a beta of 0.24. The firm has a fifty day simple moving average of GBX 467.11 and a two-hundred day simple moving average of GBX 468.25. The company has a debt-to-equity ratio of 13.72, a quick ratio of 2.90 and a current ratio of 2.78.

Jersey Electricity (LON:JEL) last released its quarterly earnings data on Wednesday, December 17th. The company reported GBX 35.90 earnings per share (EPS) for the quarter. Jersey Electricity had a return on equity of 4.35% and a net margin of 7.52%. Equities analysts predict that Jersey Electricity plc will post 29.6610169 EPS for the current fiscal year.

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.