Just Group (LON:JUST) Shares Down 14.7% – Should You Sell?

Just Group plc (LON:JUST)’s stock price dropped 14.7% during mid-day trading on Friday . The stock traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.20 ($1.79). Approximately 21,008,035 shares traded hands during mid-day trading, an increase of 254% from the average daily volume of 5,942,002 shares. The stock had previously closed at GBX 163.20 ($2.10).

Wall Street Analysts Forecast Growth

JUST has been the topic of several research analyst reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 200 ($2.58) price target on shares of Just Group in a research report on Friday. Royal Bank of Canada lifted their target price on Just Group from GBX 190 ($2.45) to GBX 200 ($2.58) and gave the stock an “outperform” rating in a research report on Friday.

Just Group Trading Down 14.3 %

The firm has a market capitalization of £1.46 billion, a price-to-earnings ratio of 16.26, a P/E/G ratio of 0.47 and a beta of 1.51. The business has a 50-day moving average of GBX 160.08 and a two-hundred day moving average of GBX 149.59. The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09.

Just Group Company Profile

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.