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

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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.

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This article appears in: Investing Commodities
Referenced Stocks: JE


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