News Spotlight: Just Energy Group Inc. (NYSE:JE)

Just Energy Group Inc. (TSX: JE; NYSE:JE), spotted trading -0.92% off 52-week high price. On the other end, the stock has been noted 53.57% away from the low price over the last 52-weeks. The stock changed 2.63% to recent value of $4.3. The stock transacted 237432 shares during most recent day however it has an average volume of 310.45K shares. The company has 149.26M of outstanding shares and 101.85M shares were floated in the market.

Just Energy Group Inc. (TSX:JE; NYSE:JE) is pleased to report that its wholly owned subsidiaries, Just Energy Ontario L.P. and Just Energy (U.S.) Corp. have completed an increase of their senior secured credit facility among National Bank of Canada, as Administrative Agent, and a syndicate of lenders, from $352.5 million to $370 million.  The term of the credit facility remains unchanged with a maturity date of September 1, 2020.  The senior debt to EBITDA covenant has also been amended from a ratio of 1.50:1 to 1.85:1 for the first quarter of Fiscal 2020.

Just Energy (TSX:JE; NYSE:JE) is a leading consumer company focused on essential needs, including electricity and natural gas commodities; health and well-being, such as water quality and filtration devices; and utility conservation, bringing energy efficient solutions and renewable energy options to consumers. Currently operating in the United States, Canada and the United Kingdom, Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Green Star Energy, Hudson Energy, Interactive Energy Group, Just Energy Advanced Solutions, Tara Energy, and Terrapass. Visit to learn more. Its earnings per share (EPS) expected to touch remained -41.10% for this year

The price moved ahead of 7.18% from the mean of 20 days, 16.57% from mean of 50 days SMA and performed 21.39% from mean of 200 days price. Company’s performance for the week was 1.90%, 28.74% for month and YTD performance remained 30.30%.

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