Just Group (LON:JUST) Shares Down 14.2% – Should You Sell?

Just Group plc (LON:JUST)’s stock price fell 14.2% on Friday . The company traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.97 ($1.81). 24,055,994 shares changed hands during trading, an increase of 300% from the average session volume of 6,006,852 shares. The stock had previously closed at GBX 163.20 ($2.11).

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on JUST. Royal Bank of Canada upped their target price on shares of Just Group from GBX 190 ($2.46) to GBX 200 ($2.58) and gave the stock an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 200 ($2.58) price target on shares of Just Group in a research note on Friday.

Just Group Trading 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 stock’s 50 day moving average is GBX 159.82 and its 200-day moving average is GBX 149.68. 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 (LON:JUST) last released 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, sell-side analysts anticipate that Just Group plc will post 38.3510638 EPS for the current 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.