Jersey Electricity (LON:JEL) Hits New 52-Week High at $490.00

Shares of Jersey Electricity plc (LON:JEL) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 490 ($6.24) and last traded at GBX 487.90 ($6.21), with a volume of 21440 shares traded. The stock had previously closed at GBX 480 ($6.11).

Jersey Electricity Stock Up 1.6 %

The company has a market cap of £56.79 million, a PE ratio of 1,297.30 and a beta of 0.18. The company has a quick ratio of 2.90, a current ratio of 3.57 and a debt-to-equity ratio of 13.55. The company’s fifty day moving average is GBX 452.09 and its 200-day moving average is GBX 439.20.

Jersey Electricity Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, June 6th will be issued a GBX 8.40 ($0.11) dividend. This is an increase from Jersey Electricity’s previous dividend of $8.00. The ex-dividend date is Thursday, June 6th. This represents a yield of 1.85%. Jersey Electricity’s dividend payout ratio is currently 5,405.41%.

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.