Just Group (LON:JUST) Trading Down 14.7% – What’s Next?

Shares of Just Group plc (LON:JUST) traded down 14.7% during trading on Friday . The company traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.20 ($1.80). 21,008,035 shares were traded during trading, an increase of 254% from the average session volume of 5,942,002 shares. The stock had previously closed at GBX 163.20 ($2.11).

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 200 ($2.58) price objective on shares of Just Group in a 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 company an “outperform” rating in a report on Friday.

Just Group Stock Down 9.6 %

The company has a market cap of £1.54 billion, a PE ratio of 17.17, a P/E/G 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 firm’s fifty day simple moving average is GBX 159.82 and its 200-day simple moving average is GBX 149.68.

Just Group (LON:JUST) last announced its quarterly earnings results on Friday, March 7th. The company reported GBX 36 ($0.47) earnings per share (EPS) for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. As a group, equities research 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.