Just Group (LON:JUST) Shares Down 14.2% – Should You Sell?

Just Group plc (LON:JUST) shares traded down 14.2% on Friday . The company traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.97 ($1.81). 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 ($2.11).

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 200 ($2.58) price target on shares of Just Group in a research report on Friday. Royal Bank of Canada upped their price target on shares of Just Group from GBX 190 ($2.46) to GBX 200 ($2.58) and gave the stock an “outperform” rating in a research report on Friday.

Just Group Trading Down 9.6 %

The firm has a market capitalization of £1.54 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The stock’s 50-day simple moving average is GBX 159.82 and its two-hundred day simple moving average is GBX 149.68. 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) last issued its earnings results on Friday, March 7th. The company reported GBX 36 ($0.47) earnings per share for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. Equities research analysts expect that Just Group plc will post 38.3510638 EPS for the current year.

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.