Stock FAQs

why is je stock down

by Hanna Lemke Published 3 years ago Updated 2 years ago
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According to Reuters, the figures reported today represent the weakest revenue growth from JD.com in the past six quarters. There have been plenty of factors contributing to JD stock’s decline. For one, China’s relationship with Russia amid the Russian invasion of Ukraine is pushing Chinese stocks down across the board.

Full Answer

What happened to just energy group?

Bankruptcy. In March 2021, after the Texas power crisis caused crushing losses, the company sought court protection and bankruptcy.

Is just energy a good stock to buy?

The 1 analysts offering 12-month price forecasts for Just Energy Group Inc have a median target of 1.38, with a high estimate of 1.38 and a low estimate of 1.38. The median estimate represents a +542.93% increase from the last price of 0.22.

Why has just energy stock dropped?

Shares of Canadian electricity and natural gas retailer Just Energy Group (NYSE: JE) are continuing to be impacted by the severe winter storm in Texas and related power grid breakdown. As of 11:25 a.m. EST, shares of Just Energy were down 30% compared to Friday's close.

Is Je stock delisted?

On March 22, 2021, the Company confirmed that it will not exercise that right. Accordingly, the NYSE will now suspend trading in the common stock and will file a delisting application with the Securities and Exchange Commission.

Will Just Energy Survive?

Bankrupt companies are always super risky to invest in, and usually the odds are stacked against them. But since this is an Energy company and since interest rates are historically low, that sweet point makes Just Energy just very lucky. We think there's a 68% chance Just Energy's stock will go up in 2022 and beyond.

Does JE stock pay dividends?

On August 14, 2019, Just Energy's Board of Directors announced the suspension of its dividend for common shares.

Is Amigo Energy and Just Energy the same company?

ABOUT JUST ENERGY Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and terrapass. Visit https://investors.justenergy.com/ to learn more.

How were Just Energy Group's earnings last quarter?

Just Energy Group Inc. (NYSE:JE) announced its earnings results on Monday, November, 16th. The utilities provider reported ($0.86) earnings per sha...

Is Just Energy Group a good dividend stock?

Just Energy Group(NYSE:JE) pays an annual dividend of $417.78 per share and currently has a dividend yield of 23,873.02%. JE has a dividend yield h...

Who are Just Energy Group's key executives?

Just Energy Group's management team includes the following people: Robert Scott Gahn , President, Chief Executive Officer & Director Scott L. For...

What is Patrick McCullough's approval rating as Just Energy Group's CEO?

90 employees have rated Just Energy Group CEO Patrick McCullough on Glassdoor.com . Patrick McCullough has an approval rating of 61% among Just En...

Who are some of Just Energy Group's key competitors?

Some companies that are related to Just Energy Group include Cheniere Energy (LNG) , Cheniere Energy (LNG) , Engie (ENGIY) , Cheniere Energy Pa...

What other stocks do shareholders of Just Energy Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Just Energy Group investors own include Energy Transfer (E...

What is Just Energy Group's stock symbol?

Just Energy Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "JE."

What is Just Energy Group's stock price today?

One share of JE stock can currently be purchased for approximately $0.22.

How much money does Just Energy Group make?

Just Energy Group (NYSE:JE) has a market capitalization of $10.58 million and generates $2.08 billion in revenue each year.

Where is Howard from The Fool?

Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.

Is the weather event a positive or negative event?

Just Energy said the weather event "may result in a positive or negative financial impact to the company, which could be substantial." Investors appear to believe the impact will be negative as it has to purchase power at temporarily high rates to fulfill its customer obligations.

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