Just Energy Group Inc. (JE) Sets New 12-Month Low at $5.62
Just Energy Group Inc. (TSE:JE) (NYSE:JE)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$5.62 and last traded at C$5.64, with a volume of 341739 shares trading hands. The stock had previously closed at C$5.83.
A number of equities analysts have recently commented on the stock. National Bank Financial cut their price objective on shares of Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating for the company in a research report on Monday, August 14th. TD Securities lowered shares of Just Energy Group from a “buy” rating to a “hold” rating and cut their price objective for the company from C$9.50 to C$6.50 in a research report on Friday, November 10th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Just Energy Group currently has an average rating of “Buy” and an average target price of C$7.17.
In other Just Energy Group news, insider Krishnan Kasiviswanathan sold 27,810 shares of Just Energy Group stock in a transaction that occurred on Monday, September 18th. The shares were 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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