Just Energy Group Inc (JE) Stock Price Down 5.6%
Just Energy Group Inc (TSE:JE) (NYSE:JE) was down 5.6% on Friday . The company traded as low as C$5.90 and last traded at C$5.91. Approximately 669,284 shares changed hands during trading, an increase of 214% from the average daily volume of 213,171 shares. The stock had previously closed at C$6.26.
JE has been the topic of a number of recent analyst reports. National Bank Financial cut their price objective on Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating on the stock in a research note on Monday, August 14th. TD Securities lowered Just Energy Group from a “buy” rating to a “hold” rating and lowered their target price for the company from C$9.50 to C$6.50 in a report on Friday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of C$7.17.
In other news, insider Krishnan Kasiviswanathan sold 27,810 shares of Just Energy Group stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of C$5.63, for a total transaction of C$156,570.30.
Just Energy Group Company Profile
Just Energy Group Inc (Just Energy) is an 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, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.
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