Just Group (LON:JUST) Stock Price Down 0.4% – What’s Next?

Just Group plc (LON:JUST)’s share price dropped 0.4% during mid-day trading on Wednesday . The company traded as low as GBX 136.80 ($1.77) and last traded at GBX 137.20 ($1.78). Approximately 1,854,952 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 2,457,545 shares. The stock had previously closed at GBX 137.80 ($1.79).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 110 ($1.43) target price on shares of Just Group in a research report on Wednesday, August 14th.

Just Group Stock Performance

The stock has a market capitalization of £1.43 billion, a P/E ratio of 1,524.44, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The company has a current ratio of 7.62, a quick ratio of 4.87 and a debt-to-equity ratio of 326.75. The company has a 50-day moving average price of GBX 140.34 and a two-hundred day moving average price of GBX 119.85.

Just Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, August 22nd were paid a GBX 0.70 ($0.01) dividend. This represents a yield of 0.6%. The ex-dividend date was Thursday, August 22nd. Just Group’s dividend payout ratio (DPR) is currently 2,222.22%.

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.