Just Energy Group Inc. (JE) Sees Strong Trading Volume
Just Energy Group Inc. (NYSE:JE) saw unusually-strong trading volume on Monday . Approximately 184,299 shares were traded during trading, an increase of 12% from the previous session’s volume of 164,640 shares.The stock last traded at $5.53 and had previously closed at $5.64.
Several equities research analysts have commented on JE shares. TD Securities reaffirmed a “hold” rating and set a $8.50 price objective on shares of Just Energy Group in a report on Saturday. Zacks Investment Research raised shares of Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a report on Tuesday, May 24th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $8.50 price target on shares of Just Energy Group in a report on Thursday, May 19th. FBR & Co reissued an “outperform” rating and issued a $8.00 price target on shares of Just Energy Group in a report on Thursday, July 7th. Finally, Rodman & Renshaw reissued a “buy” rating and issued a $10.00 price target on shares of Just Energy Group in a report on Monday, May 23rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $8.53.
The company has a market cap of $824.58 million and a P/E ratio of 2.63. The firm has a 50-day moving average of $6.04 and a 200-day moving average of $6.12.
Just Energy Group Inc (Just Energy) is a Canada-based energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products and home energy management services, including long-term fixed-price, variable-priced, and flat-bill programs, smart thermostats and residential solar panel installations.
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