Just Group (LON:JUST) Trading Down 13.8% – Time to Sell?

Just Group plc (LON:JUST) shares dropped 13.8% during trading on Friday . The company traded as low as GBX 134.67 ($1.74) and last traded at GBX 140.60 ($1.81). Approximately 22,675,285 shares changed hands during trading, an increase of 279% from the average daily volume of 5,977,475 shares. The stock had previously closed at GBX 163.20 ($2.10).

Analysts Set New Price Targets

JUST has been the subject of a number of recent analyst reports. Royal Bank of Canada upped their price target on Just Group from GBX 190 ($2.45) to GBX 200 ($2.58) and gave the company 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 report on Friday.

Just Group Price Performance

The business has a fifty day simple moving average of GBX 160.08 and a two-hundred day simple moving average of GBX 149.59. The company has a current ratio of 2.30, a quick ratio of 4.87 and a debt-to-equity ratio of 43.09. The stock has a market cap of £1.52 billion, a PE ratio of 16.94, a P/E/G ratio of 0.47 and a beta of 1.51.

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.