Just Group plc (LON:JUST - Get Free Report) rose 68% during mid-day trading on Thursday . The company traded as high as GBX 214 ($2.84) and last traded at GBX 211.69 ($2.81). Approximately 58,536,586 shares changed hands during mid-day trading, an increase of 630% from the average daily volume of 8,019,415 shares. The stock had previously closed at GBX 126 ($1.67).
Analysts Set New Price Targets
JUST has been the subject of a number of research analyst reports. Berenberg Bank initiated coverage on shares of Just Group in a research report on Monday, July 7th. They issued a "buy" rating and a GBX 209 ($2.78) price target for the company. Deutsche Bank Aktiengesellschaft lowered shares of Just Group to a "hold" rating and raised their price objective for the company from GBX 170 ($2.26) to GBX 220 ($2.92) in a research report on Thursday.
View Our Latest Report on JUST
Just Group Price Performance
The company has a debt-to-equity ratio of 43.09, a quick ratio of 4.87 and a current ratio of 2.30. The company's 50 day moving average price is GBX 139.82 and its 200 day moving average price is GBX 145.73. The company has a market cap of £2.20 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 0.47 and a beta of 1.51.
Insiders Place Their Bets
In other news, insider Mary Phibbs acquired 30,000 shares of the company's stock in a transaction on Friday, May 23rd. The stock was purchased at an average cost of GBX 144 ($1.91) per share, with a total value of £43,200 ($57,362.90). Corporate insiders own 1.99% of the company's stock.
Just Group Company Profile
(
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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.
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