Just Group (LON:JUST) Reaches New 1-Year High – What’s Next?

Shares of Just Group plc (LON:JUST) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 162.80 ($2.08) and last traded at GBX 161.80 ($2.07), with a volume of 1076136 shares changing hands. The stock had previously closed at GBX 161.41 ($2.06).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 110 ($1.41) price target on shares of Just Group in a research report on Wednesday, August 14th.

Just Group Price Performance

The company has a debt-to-equity ratio of 326.75, a current ratio of 7.62 and a quick ratio of 4.87. The company has a 50-day simple moving average of GBX 141.58 and a two-hundred day simple moving average of GBX 127.36. The stock has a market capitalization of £1.67 billion, a price-to-earnings ratio of 1,791.26, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51.

Insiders Place Their Bets

In related news, insider Mark Godson bought 35,733 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were purchased at an average cost of GBX 139 ($1.78) per share, with a total value of £49,668.87 ($63,458.37). 1.99% of the stock is owned by corporate insiders.

About Just Group

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.