Just Energy Group Inc. (NYSE:JE) (TSE:JE)’s share price was down 10.1% on Tuesday . The stock traded as low as $3.41 and last traded at $3.56. Approximately 5,817,802 shares were traded during trading, an increase of 64% from the average daily volume of 3,543,323 shares. The stock had previously closed at $3.96.
Several equities analysts have weighed in on JE shares. CIBC downgraded Just Energy Group from a “neutral” rating to an “underperform” rating in a research report on Monday. National Bank Financial restated an “underperform” rating on shares of Just Energy Group in a report on Tuesday, February 16th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The company currently has an average rating of “Hold” and an average price target of $6.90.
The firm has a fifty day moving average price of $6.27 and a 200-day moving average price of $4.14. The firm has a market cap of $171.16 million, a price-to-earnings ratio of -0.30 and a beta of 1.43.
About Just Energy Group (NYSE:JE)
Just Energy Group Inc, through its subsidiaries, provides electricity and natural gas commodities in the United States, Canada, and internationally. It operates through Consumer and Commercial segments. The company offers longer-term price-protected, flat-bill, and variable rate product offerings, as well as Just Green products; smart thermostats; and subscription-based home water filtration systems, including under-counter and whole-home water filtration solution It also provides business electricity and natural gas plans, LED retrofit solutions, smart building controls, commercial energy rates, affinity programs, energy monitoring and sub-metering products, energy analytics solutions, HVAC control system, and lighting controls.
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