Just Energy Group (TSE:JE) Reaches New 1-Year Low at $2.71

Just Energy Group Inc (TSE:JE) (NYSE:JE)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as C$2.71 and last traded at C$3.01, with a volume of 1261476 shares changing hands. The stock had previously closed at C$4.12.

Several brokerages have recently issued reports on JE. Royal Bank of Canada reduced their target price on Just Energy Group from C$5.50 to C$4.50 and set a “sector perform” rating on the stock in a report on Tuesday, August 6th. Canaccord Genuity cut Just Energy Group from a “speculative buy” rating to a “hold” rating and reduced their target price for the stock from C$5.50 to C$5.00 in a report on Monday, May 13th. TD Securities lifted their target price on Just Energy Group from C$4.50 to C$5.50 and gave the stock a “hold” rating in a report on Friday, June 7th. National Bank Financial reduced their target price on Just Energy Group from C$5.25 to C$4.75 and set a “sector perform” rating on the stock in a report on Friday, May 17th. Finally, CIBC lifted their target price on Just Energy Group from C$4.50 to C$5.50 in a report on Friday, June 7th.

The firm’s 50-day moving average is C$5.10. The firm has a market cap of $616.79 million and a price-to-earnings ratio of -3.31. The company has a debt-to-equity ratio of 2,374.38, a quick ratio of 0.91 and a current ratio of 1.27.



Just Energy Group (TSE:JE) (NYSE:JE) last announced its earnings results on Thursday, May 16th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.25 by C($0.05). The business had revenue of C$1.02 billion during the quarter, compared to analyst estimates of C$1.08 billion. Equities analysts anticipate that Just Energy Group Inc will post 0.43 EPS for the current year.

Just Energy Group Company Profile (TSE:JE)

Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.

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