Just Energy Group Inc. [JE] is -90.58% lower this YTD. Is it still time to buy?

Just Energy Group Inc. [NYSE: JE] gained 4.19% or 0.21 points to close at $5.22 with a heavy trading volume of 3418957 shares. The company report on November 12, 2020 that BizXL Solutions announces strategic partnership with Datamatics to bring end-to-end digital transformation and Lean Automation capability to enterprises in North America.

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Minimizing Waste, Maximizing Value Creation.

TORONTO, Nov. 12, 2020 /CNW/ – BizXL Solutions a boutique management consulting firm with offices in Toronto, Rochester and New York, supports enterprises with the design, development and delivery of innovative solutions to maximize value creation. BizXL Solutions, a trusted partner for strategy design and end-to-end business transformation services, announced strategic partnership with Datamatics. This partnership aims to bring the next generation digital services and transformation solutions to enterprises across North America.

It opened the trading session at $5.46, the shares rose to $5.46 and dropped to $5.07, the range by which the price of stock traded the whole day. The daily chart for JE points out that the company has recorded -61.79% loss over the past six months. However, it is still -22.25% lower than its most recent low trading price.

If we look at the average trading volume of 2.93M shares, JE reached to a volume of 3418957 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Just Energy Group Inc. [JE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JE shares is $7.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JE stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Just Energy Group Inc. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on October 19, 2020. The new note on the price target was released on July 29, 2020, representing the official price target for Just Energy Group Inc. stock.

The Average True Range (ATR) for Just Energy Group Inc. is set at 0.34

Trading performance analysis for JE stock

Just Energy Group Inc. [JE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.45. With this latest performance, JE shares dropped by -0.76% in over the last four-week period, additionally sinking by -61.79% over the last 6 months – not to mention a drop of -94.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JE stock in for the last two-week period is set at 41.56, with the RSI for the last a single of trading hit 50.99, and the three-weeks RSI is set at 45.11 for Just Energy Group Inc. [JE]. The present Moving Average for the last 50 days of trading for this stock 6.34, while it was recorded at 4.99 for the last single week of trading, and 13.93 for the last 200 days.

Just Energy Group Inc. [JE]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Just Energy Group Inc. [JE] shares currently have an operating margin of +4.28 and a Gross Margin at +21.45. Just Energy Group Inc.’s Net Margin is presently recorded at -10.75.

Return on Total Capital for JE is now 22.72, given the latest momentum, and Return on Invested Capital for the company is -79.24. Additionally, JE Total Debt to Total Capital is recorded at 272.35, with Total Debt to Total Assets ending up at 64.32.

Reflecting on the efficiency of the workforce at the company, Just Energy Group Inc. [JE] managed to generate an average of -$338,818 per employee. Receivables Turnover for the company is 4.57 with a Total Asset Turnover recorded at a value of 1.87.

Just Energy Group Inc. [JE]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Just Energy Group Inc. posted -0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.27/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -188.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JE.

An analysis of insider ownership at Just Energy Group Inc. [JE]

There are presently around $41 million, or 16.74% of JE stock, in the hands of institutional investors. The top three institutional holders of JE stocks are: PENDERFUND CAPITAL MANAGEMENT LTD. with ownership of 2,907,702, which is approximately New of the company’s market cap and around 9.79% of the total institutional ownership; BANK OF MONTREAL /CAN/, holding 2,511,587 shares of the stock with an approximate value of $13.11 million in JE stocks shares; and CLARET ASSET MANAGEMENT CORP, currently with $4.54 million in JE stock with ownership of nearly New of the company’s market capitalization.

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Positions in Just Energy Group Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 27 institutional holders increased their position in Just Energy Group Inc. [NYSE:JE] by around 7,702,815 shares. Additionally, 22 investors decreased positions by around 520,240 shares, while 1 investors held positions by with 289,527 shares. The mentioned changes placed institutional holdings at 7,933,528 shares, according to the latest SEC report filing. JE stock had 17 new institutional investments in for a total of 4,806,731 shares, while 15 institutional investors sold positions of 412,838 shares during the same period.

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