Just Group (LON:JUST) Trading Down 13.8% - Should You Sell?

Just Group plc (LON:JUST - Get Free Report) was down 13.8% during trading on Friday . The stock traded as low as GBX 134.67 ($1.74) and last traded at GBX 140.60 ($1.82). Approximately 22,675,285 shares were traded during trading, an increase of 279% from the average daily volume of 5,977,475 shares. The stock had previously closed at GBX 163.20 ($2.11).

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 200 ($2.59) target price on shares of Just Group in a research note on Friday. Royal Bank of Canada raised their price objective on Just Group from GBX 190 ($2.46) to GBX 200 ($2.59) and gave the stock an "outperform" rating in a research report on Friday.

Just Group Stock Down 4.6 %

The company's 50-day moving average is GBX 159.82 and its 200 day moving average is GBX 149.72. The stock has a market capitalization of £1.47 billion, a PE 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 posted its quarterly earnings data on Friday, March 7th. The company reported GBX 36 ($0.47) EPS for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. As a group, analysts anticipate that Just Group plc will post 38.3510638 EPS for the current year.

Remove Ads

Insiders Place Their Bets

In other Just Group news, insider Mark Godson purchased 66,086 shares of Just Group stock in a transaction on Friday, March 7th. The stock was bought at an average cost of GBX 151 ($1.95) per share, with a total value of £99,789.86 ($128,994.13). 1.99% of the stock is currently owned by 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.