Shares of Just Group plc (LON:JUST - Get Free Report) dropped 14.7% on Friday . The company traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.20 ($1.80). Approximately 21,008,035 shares traded hands during trading, an increase of 254% from the average daily volume of 5,942,002 shares. The stock had previously closed at GBX 163.20 ($2.11).
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Royal Bank of Canada raised their price target on Just Group from GBX 190 ($2.46) to GBX 200 ($2.59) and gave the company an "outperform" rating in a report on Friday. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 200 ($2.59) target price on shares of Just Group in a research note on Friday.
Get Our Latest Research Report on Just Group
Just Group Stock Down 4.6 %
The firm's 50 day moving average is GBX 159.82 and its two-hundred day moving average is GBX 149.72. The firm has a market cap of £1.47 billion, a P/E ratio of 16.38, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The company has a current ratio of 2.30, a quick ratio of 4.87 and a debt-to-equity ratio of 43.09.
Just Group (LON:JUST - Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The company reported GBX 36 ($0.47) EPS for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. As a group, research analysts anticipate that Just Group plc will post 38.3510638 EPS for the current fiscal year.
Insider Activity at Just Group
In other news, insider Mark Godson purchased 66,086 shares of Just Group stock in a transaction on Friday, March 7th. The stock was purchased at an average price of GBX 151 ($1.95) per share, with a total value of £99,789.86 ($128,994.13). 1.99% of the stock is owned by insiders.
About Just Group
(
Get Free Report)
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.
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