Just Energy Group Inc. (JE): Good time to sell it?

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Just Energy Group Inc. (NYSE:JE) changes shares on Wednesday trading session, with a change of -8.17% or -$0.05 shares. The trading starts at $0.57 and closed at $0.58 throughout the day. The trading session low price was $0.5123 and day high was $0.57 on Wednesday, June 24. After the session, the Utilities sector daily volume shifted to 1.26 million while its average volume is 835.33K. In other hand, the JE market cap reached to $80.10M. While, its current target price is $0.53 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -10.68% and up 21.03% for month. Its quarterly performance was 8.77% above, while its half year performance is down -67.98%. JE yearly performance stood at negative -87.05% and fall -68.55% for year-to-date. Current recommendation for Just Energy Group Inc. is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. JE EPS (TTM) for 12-month is 1.76. EPS for this year is -41.10%, while for the next year its value is 0.52.

Let’s take a look on the analyst recommendations on JE for the current month and previous month. For the current month, 0 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $0.53-$0.71. Average target price for JE was reached at $0.62.

Ardsley Advisory Partners, Allianz Asset Management GmbH and TD Asset Management, Inc are the top three holders in Just Energy Group Inc. (JE) stock. On Mar 30, 2020, Ardsley Advisory Partners has 6.98 million shares which valued 3.63 million. On Mar 30, 2020, Allianz Asset Management GmbH owned 4.66 million shares which valued at 2.43 million. On Mar 30, 2020, TD Asset Management, Inc has a total of 4.41 million shares which valued at 2.29 million. In the end, TD Asset Management, Inc have 2.91% shares outstanding of Just Energy Group Inc. (JE) on Mar 30, 2020. The insider ownership moved to 42.98% and institutional holding shifted to 22.54%.

The company posted an EPS (TTM) of 1.76. According to the most recent quarter report on (Mar 2018), 3 analysts estimated an average EPS of 0.15, while -0.24 EPS posted a year ago period. Analyst Estimated EPS for JE published in the report was 0.09-0.18 during the same period. Comparing with last year, the average estimated EPS was -0.24 which is lower than 0.89 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for JE fall -59.78% for period of 200 days. SMA for 50 days was 10.26% which is showing green signal, while SMA-20 was -3.84%. The moving average value for Just Energy Group Inc. (JE) is 0.9201 and 0.4946 for 200 and 50 days respectively.