Just Group plc (LON:JUST - Get Free Report)'s share price was up 68.1% on Thursday . The stock traded as high as GBX 214 ($2.84) and last traded at GBX 211.83 ($2.81). Approximately 63,357,844 shares traded hands during mid-day trading, an increase of 687% from the average daily volume of 8,052,212 shares. The stock had previously closed at GBX 126 ($1.67).
Wall Street Analyst Weigh In
JUST has been the subject of several recent analyst reports. Berenberg Bank initiated coverage on shares of Just Group in a report on Monday, July 7th. They issued a "buy" rating and a GBX 209 ($2.78) target price for the company. Deutsche Bank Aktiengesellschaft cut Just Group to a "hold" rating and upped their price objective for the company from GBX 170 ($2.26) to GBX 220 ($2.92) in a research report on Thursday.
Read Our Latest Research Report on Just Group
Just Group Trading Down 0.1%
The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09. The firm has a market capitalization of £2.20 billion, a PE ratio of 24.50, a PEG ratio of 0.47 and a beta of 1.51. The stock's fifty day simple moving average is GBX 139.82 and its 200 day simple moving average is GBX 145.73.
Insider Buying and Selling at Just Group
In other Just Group news, insider Mary Phibbs acquired 30,000 shares of the company's stock in a transaction dated Friday, May 23rd. The stock was purchased at an average price of GBX 144 ($1.91) per share, with a total value of £43,200 ($57,362.90). 1.99% of the stock is currently owned by insiders.
About Just Group
(
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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.
Further Reading
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