Just Group (LON:JUST) Stock Price Down 13.8% – Should You Sell?

Just Group plc (LON:JUST) shares dropped 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 changed hands 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).

Wall Street Analyst Weigh In

JUST has been the topic of several research analyst reports. Royal Bank of Canada lifted their price target on 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. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 200 ($2.58) price target on shares of Just Group in a research report on Friday.

Just Group Stock Performance

The firm has a market cap of £1.54 billion, a price-to-earnings ratio of 17.17, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09. The stock has a fifty day moving average price of GBX 159.82 and a 200-day moving average price of GBX 149.68.

Just Group (LON:JUST) last released its earnings results on Friday, March 7th. The company reported GBX 36 ($0.47) earnings per share (EPS) for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. On average, analysts expect that Just Group plc will post 38.3510638 earnings per share for the current fiscal year.

About Just Group

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.