Just Energy Group Inc (TSE:JE) (NYSE:JE) shares traded down 10.8% on Thursday . The company traded as low as C$1.86 and last traded at C$1.90, 326,678 shares changed hands during mid-day trading. A decline of 28% from the average session volume of 456,067 shares. The stock had previously closed at C$2.13.

A number of equities analysts have weighed in on the stock. National Bank Financial dropped their price target on shares of Just Energy Group from C$5.25 to C$4.75 and set a “sector perform” rating for the company in a research report on Friday, May 17th. Royal Bank of Canada dropped their price target on shares of Just Energy Group from C$4.50 to C$2.50 and set a “sector perform” rating for the company in a research report on Friday, August 16th. CIBC upgraded shares of Just Energy Group from an “underperform” rating to a “neutral” rating in a research report on Thursday, August 22nd. Finally, TD Securities dropped their price target on shares of Just Energy Group from C$5.00 to C$3.25 and set a “hold” rating for the company in a research report on Friday, August 16th. Five analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average target price of C$3.50.

The firm has a market capitalization of $252.47 million and a P/E ratio of -0.60. The stock’s 50-day simple moving average is C$2.94 and its two-hundred day simple moving average is C$4.44. The company has a debt-to-equity ratio of 2,374.38, a current ratio of 0.94 and a quick ratio of 0.48.

Just Energy Group (TSE:JE) (NYSE:JE) last posted its quarterly earnings results on Wednesday, August 14th. The company reported C($0.21) earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.10 by C($0.31). The business had revenue of C$670.17 million for the quarter, compared to analyst estimates of C$947.10 million. On average, analysts forecast that Just Energy Group Inc will post 0.4277369 earnings per share for the current fiscal year.

About Just Energy Group (TSE:JE)

Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.

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