Just Energy Group Inc (JE) Insider Sells C$156,570.30 in Stock

Just Energy Group Inc (TSE:JE) (NYSE:JE) insider Krishnan Kasiviswanathan sold 27,810 shares of Just Energy Group stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of C$5.63, for a total transaction of C$156,570.30.

Just Energy Group Inc (TSE JE) traded down 3.13% on Monday, reaching $6.81. 334,790 shares of the company traded hands. The stock has a market capitalization of $999.65 million and a PE ratio of 14.65. The firm has a 50 day moving average of $6.95 and a 200-day moving average of $7.43. Just Energy Group Inc has a one year low of $6.31 and a one year high of $8.62.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 29th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 7.11%. The ex-dividend date of this dividend is Thursday, September 14th.

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Separately, National Bank Financial reduced 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 Monday, August 14th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of C$8.17.

Just Energy Group Company Profile

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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