Just Energy Group (TSE:JE) Downgraded to Underperform at Royal Bank of Canada

Royal Bank of Canada cut shares of Just Energy Group (TSE:JE) (NYSE:JE) from a sector perform rating to an underperform rating in a report issued on Wednesday morning, BayStreet.CA reports.

Other research analysts have also recently issued research reports about the company. CIBC cut their price objective on Just Energy Group from C$0.75 to C$0.50 in a research report on Friday, July 10th. Canaccord Genuity dropped their price objective on Just Energy Group from C$1.50 to C$0.70 in a report on Monday, April 13th.

Shares of Just Energy Group stock opened at C$0.49 on Wednesday. The stock has a fifty day simple moving average of C$0.66 and a 200 day simple moving average of C$1.00. Just Energy Group has a 12-month low of C$0.46 and a 12-month high of C$4.71. The company has a market capitalization of $74.30 million and a P/E ratio of -0.23. The company has a current ratio of 0.65, a quick ratio of 0.41 and a debt-to-equity ratio of 2,374.38.

About Just Energy Group

Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.

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