Insider Selling: Just Energy Group Inc (TSE:JE) Insider Sells 94,900 Shares of Stock
Just Energy Group Inc (TSE:JE) (NYSE:JE) insider Ron Joyce sold 94,900 shares of the firm’s stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of C$7.06, for a total transaction of C$669,994.00.
Ron Joyce also recently made the following trade(s):
- On Wednesday, June 28th, Ron Joyce sold 133,900 shares of Just Energy Group stock. The stock was sold at an average price of C$7.05, for a total transaction of C$943,995.00.
Shares of Just Energy Group Inc (TSE:JE) traded down 0.44% during midday trading on Friday, reaching $6.80. 174,893 shares of the company’s stock traded hands. Just Energy Group Inc has a 52 week low of $6.38 and a 52 week high of $8.62. The stock’s 50 day moving average is $7.23 and its 200-day moving average is $7.66. The company has a market capitalization of $999.69 million and a PE ratio of 2.81.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 30th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $0.50 annualized dividend and a yield of 7.35%.
A number of brokerages have issued reports on JE. TD Securities reissued an “action list buy” rating and issued a C$11.00 price target on shares of Just Energy Group in a report on Tuesday, April 18th. Royal Bank Of Canada dropped their price objective on shares of Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating on the stock in a research note on Friday, May 19th. FBR & Co reaffirmed an “outperform” rating on shares of Just Energy Group in a report on Friday, May 19th. HC Wainwright restated a “buy” rating on shares of Just Energy Group in a research report on Friday, May 19th. Finally, Canaccord Genuity restated a “buy” rating on shares of Just Energy Group in a research report on Friday, May 19th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$8.50.
About Just Energy Group
Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company 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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