JTC (LON:JTC) Sets New 1-Year High at $907.00

Shares of Jtc Plc (LON:JTC) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 907 ($11.39) and last traded at GBX 907 ($11.39), with a volume of 858166 shares trading hands. The stock had previously closed at GBX 892 ($11.21).

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,100 ($13.82) price target on shares of JTC in a report on Friday, April 12th. Shore Capital reaffirmed a “buy” rating on shares of JTC in a report on Tuesday, April 9th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 950 ($11.93) price objective on shares of JTC in a research note on Tuesday, April 9th.

JTC Price Performance

The firm has a 50-day moving average of GBX 830.66 and a 200-day moving average of GBX 783.98. The stock has a market cap of £1.51 billion, a PE ratio of 5,335.29 and a beta of 0.70. The company has a debt-to-equity ratio of 32.05, a current ratio of 2.23 and a quick ratio of 2.70.

JTC Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 30th will be issued a dividend of GBX 7.67 ($0.10) per share. This is a positive change from JTC’s previous dividend of $3.50. This represents a yield of 0.93%. The ex-dividend date of this dividend is Thursday, May 30th. JTC’s dividend payout ratio (DPR) is 5,882.35%.

About JTC

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates in two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.