Just Energy's Hudson Subsidiary Enters Ohio Electricity Market; Shares Up 3%

By
A A A

Just Energy Group ( JE ) is up 2.7% after its subsidiary, Hudson Energy, a business to business supplier of electric and natural gas commodity in North America, continued its expansion with the company's entry into the Ohio electricity market. Electricity will be sold by Hudson Energy in the Ohio Edison, Cleveland Illuminating and Toledo Edison territories. The company plans to launch in other major Ohio electric distribution markets in Spring 2013.

JE is trading at $9.29, lifting off a day's low of $8.94, moving in a 52-week range of $7.85 - $14.15. Shares have fallen 15% in the last 12 months.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: JE

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

75%

Most Active by Volume

85,117,424
  • $6.78 ▲ 11.88%
77,261,676
  • $17.53 ▲ 1.56%
61,066,548
  • $6.90 ▲ 2.99%
56,847,440
  • $112.65 ▲ 2.96%
52,788,366
  • $7.78 ▲ 1.83%
50,761,400
  • $25.14 ▲ 2.91%
47,781,237
  • $45.35 ▲ 10.18%
45,664,909
  • $7.17 ▲ 2.14%
As of 12/18/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com