Just Energy Group (NYSE:JE) Stock Passes Above 200 Day Moving Average of $0.00

Just Energy Group Inc (NYSE:JE) (TSE:JE)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $3.49. Just Energy Group shares last traded at $3.38, with a volume of 9,542 shares traded.

Several equities analysts recently weighed in on JE shares. CIBC reiterated a “hold” rating on shares of Just Energy Group in a report on Friday, June 7th. TheStreet cut shares of Just Energy Group from a “c-” rating to a “d” rating in a research note on Wednesday, June 5th. Canaccord Genuity raised shares of Just Energy Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 21st. ValuEngine lowered shares of Just Energy Group from a “sell” rating to a “strong sell” rating in a report on Monday, July 29th. Finally, HC Wainwright set a $7.00 target price on shares of Just Energy Group and gave the company a “buy” rating in a research note on Friday, May 17th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $5.75.

The company has a debt-to-equity ratio of 22.52, a current ratio of 1.27 and a quick ratio of 1.27. The company’s 50 day simple moving average is $4.10. The stock has a market cap of $508.67 million, a PE ratio of 27.96 and a beta of 0.92.

Just Energy Group (NYSE:JE) (TSE:JE) last posted its earnings results on Thursday, May 16th. The utilities provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.04). Just Energy Group had a negative net margin of 3.21% and a positive return on equity of 47.01%. The firm had revenue of $770.37 million during the quarter, compared to analyst estimates of $788.43 million. On average, research analysts anticipate that Just Energy Group Inc will post 0.43 earnings per share for the current year.

Large investors have recently bought and sold shares of the business. First Allied Advisory Services Inc. acquired a new position in Just Energy Group during the fourth quarter worth $42,000. Perella Weinberg Partners Capital Management LP acquired a new position in Just Energy Group during the first quarter worth $59,000. Bank of America Corp DE raised its position in Just Energy Group by 245.9% during the fourth quarter. Bank of America Corp DE now owns 33,343 shares of the utilities provider’s stock worth $110,000 after acquiring an additional 23,703 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in Just Energy Group during the first quarter worth $207,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Just Energy Group during the second quarter worth $231,000. Institutional investors own 28.17% of the company’s stock.

Just Energy Group Company Profile (NYSE: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.

Recommended Story: Market Capitalization, Large-Caps, Mid-Caps, Small-Caps

Receive News & Ratings for Just Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.