What’s Ahead for Just Energy Group Inc After Today’s Huge Decline?


The stock of Just Energy Group Inc (TSE:JE) is a huge mover today! About 305,925 shares traded hands. Just Energy Group Inc (TSE:JE) has declined 22.95% since February 5, 2016 and is downtrending. It has underperformed by 39.43% the S&P500.
The move comes after 8 months negative chart setup for the $999.47 million company. It was reported on Sep, 13 by Barchart.com. We have $6.45 PT which if reached, will make TSE:JE worth $49.97 million less.

Out of 4 analysts covering Just Energy Group (TSE:JE), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Just Energy Group has been the topic of 7 analyst reports since November 13, 2015 according to StockzIntelligence Inc.

Just Energy Group Inc. is an energy management solutions well-known provider engaged in electricity, natural gas, solar and green energy. The company has a market cap of $999.47 million. The Company’s divisions include Consumer Energy and Commercial Energy. It has a 3.26 P/E ratio. The Firm operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

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