Just Energy Group Inc. (Canada) Looks to Continue to Trade Below its Annual-Low Share Price Today

February 23, 2021 11:44:06

Just Energy Group Inc. (Canada) (NYSE:JE) traded today at a new 52-week low of $3.41. This new low was reached on approximately average trading volume as 3.2 million shares traded hands, while the average 30-day volume is approximately 3.8 million shares.

Just Energy Group Inc is a Canadian-based electricity and natural gas company that operates in various Canadian provinces, the United States, and the United Kingdom. The company mainly sells its products to residential and small community customers through its Consumer segment and to mid-sized commercial customers through its Commercial segment. Despite being headquartered in Canada, the majority of the company’s overall revenue is generated in the U.S., specifically, in electricity and in the consumer segment. Aside from fixed-price contracts, the company also sells variable-price and flat-bill contracts, “Just Green” SmartStat thermostats, and solar panels.

In the past 52 weeks, Just Energy Group Inc. (Canada) share prices are bracketed by a current low of $3.41 and a high of $34.65 and is now at $3.69.

There is potential upside of 707.3% for shares of Just Energy Group Inc. (Canada) based on a current price of $3.69 and an average consensus analyst price target of $29.79.

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