JTC (LON:JTC) Stock Price Down 1.4% – What’s Next?

Jtc Plc (LON:JTC) shares traded down 1.4% during mid-day trading on Friday . The stock traded as low as GBX 930 ($11.36) and last traded at GBX 934 ($11.40). 5,789,928 shares were traded during trading, an increase of 443% from the average session volume of 1,065,563 shares. The stock had previously closed at GBX 947 ($11.56).

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on JTC. Berenberg Bank increased their price objective on shares of JTC from GBX 1,300 ($15.87) to GBX 1,400 ($17.09) and gave the company a “buy” rating in a research note on Monday, September 16th. Shore Capital restated a “hold” rating on shares of JTC in a research report on Thursday, September 26th.

JTC Trading Down 1.4 %

The company has a market cap of £1.52 billion, a P/E ratio of 5,188.89 and a beta of 0.68. The company has a current ratio of 1.92, a quick ratio of 2.70 and a debt-to-equity ratio of 52.47. The business has a 50 day moving average price of GBX 995.90 and a 200-day moving average price of GBX 1,027.30.

JTC Company Profile

JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all of our stakeholders. Our purpose is to maximise potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.