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

Jtc Plc (LON:JTC) dropped 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). Approximately 5,789,928 shares traded hands during trading, an increase of 443% from the average daily volume of 1,065,563 shares. The stock had previously closed at GBX 947 ($11.56).

Wall Street Analyst Weigh In

Several research firms have weighed in on JTC. Shore Capital reiterated a “hold” rating on shares of JTC in a research report on Thursday, September 26th. Berenberg Bank raised their target price on JTC from GBX 1,300 ($15.87) to GBX 1,400 ($17.09) and gave the stock a “buy” rating in a report on Monday, September 16th.

JTC Trading Down 1.4 %

The company has a market capitalization of £1.52 billion, a P/E ratio of 5,188.89 and a beta of 0.68. The stock has a 50 day moving average of GBX 995.90 and a 200-day moving average of GBX 1,026.42. The company has a current ratio of 1.92, a quick ratio of 2.70 and a debt-to-equity ratio of 52.47.

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.