Just Group (LON:JUST) Shares Down 14.2% - Time to Sell?

Just Group plc (LON:JUST - Get Free Report) traded down 14.2% during trading on Friday . The stock traded as low as GBX 134.67 ($1.73) and last traded at GBX 139.97 ($1.80). 24,055,994 shares were traded during mid-day trading, an increase of 300% from the average session volume of 6,006,852 shares. The stock had previously closed at GBX 163.20 ($2.10).

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 200 ($2.57) price objective on shares of Just Group in a report on Friday. Royal Bank of Canada boosted their price target on shares of Just Group from GBX 190 ($2.45) to GBX 200 ($2.57) and gave the stock an "outperform" rating in a research report on Friday.

Just Group Price Performance

The stock has a market capitalization of £1.45 billion, a P/E ratio of 16.20, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The company's 50-day simple moving average is GBX 159.45 and its 200-day simple moving average is GBX 149.65. The company has a debt-to-equity ratio of 43.09, a current ratio of 2.30 and a quick ratio of 4.87.

Just Group (LON:JUST - Get Free Report) last posted its quarterly earnings results on Friday, March 7th. The company reported GBX 36 ($0.46) EPS for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. As a group, sell-side analysts expect that Just Group plc will post 38.3510638 EPS for the current fiscal year.

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Insider Activity

In other news, insider Mark Godson purchased 66,086 shares of the business's stock in a transaction dated Friday, March 7th. The stock was bought at an average price of GBX 151 ($1.94) per share, with a total value of £99,789.86 ($128,479.28). 1.99% of the stock is owned by company insiders.

Just Group Company Profile

Just Group plc provides various retirement income products and services to individual and corporate clients.in the United Kingdom. It offers defined benefit de-risking solutions, guaranteed income for life, secure lifetime income, care plans, and lifetime mortgage service. The company also engages in professional services and distribution business, which offers technology, broking, and advice solutions for corporate clients and pension schemes; and regulated financial advice for pension, investment, and savings.