The market has been neutral on Just Energy Group Inc (JE) stock recently. JE gets a Neutral score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With JE Stock Today?
Just Energy Group Inc (JE) stock is trading at $5.66 as of 3:30 PM on Thursday, Oct 15, a loss of -$0.35, or -5.82% from the previous closing price of $6.01. The stock has traded between $5.60 and $5.83 so far today. Volume today is low. So far 1,820,848 shares have traded compared to average volume of 4,477,743 shares.
To see the top 5 stocks in the Utilities - Diversified industry click here.
More About Just Energy Group Inc
Just Energy Group Inc is a Canadian-based electricity and natural gas company that operates in various Canadian provinces, the United States, and the United Kingdom. The company mainly sells its products to residential and small community customers through its Consumer segment and to mid-sized commercial customers through its Commercial segment. Despite being headquartered in Canada, the majority of the company's overall revenue is generated in the U.S., specifically, in electricity and in the consumer segment. Aside from fixed-price contracts, the company also sells variable-price and flat-bill contracts, "Just Green" SmartStat thermostats, and solar panels.
Click Here to get the full Stock Score Report on Just Energy Group Inc (JE) Stock.
