Jersey Electricity plc (LON:JEL) Insider Christopher Ambler Purchases 4,000 Shares

Jersey Electricity plc (LON:JEL) insider Christopher Ambler acquired 4,000 shares of the stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of GBX 425 ($5.48) per share, with a total value of £17,000 ($21,907.22).

Jersey Electricity Trading Down 0.9 %

JEL opened at GBX 421 ($5.43) on Friday. The stock has a market capitalization of £131.13 million, a P/E ratio of 11.65 and a beta of 0.18. The company has a current ratio of 2.81, a quick ratio of 2.90 and a debt-to-equity ratio of 13.96. Jersey Electricity plc has a 12 month low of GBX 400 ($5.15) and a 12 month high of GBX 490 ($6.31). The firm’s fifty day simple moving average is GBX 430.92 and its 200 day simple moving average is GBX 432.28.

Jersey Electricity (LON:JEL) last issued its quarterly earnings results on Wednesday, December 18th. The company reported GBX 37.92 ($0.49) EPS for the quarter. Jersey Electricity had a return on equity of 4.58% and a net margin of 8.57%. As a group, research analysts anticipate that Jersey Electricity plc will post 29.6610169 EPS for the current fiscal year.

Jersey Electricity Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 12 ($0.15) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 2.73%. This is an increase from Jersey Electricity’s previous dividend of $8.40. Jersey Electricity’s dividend payout ratio is 55.35%.

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.