JTC (LON:JTC) Trading Down 0.9% – What’s Next?

Jtc Plc (LON:JTC)’s share price dropped 0.9% during trading on Friday . The company traded as low as GBX 957 ($12.03) and last traded at GBX 969 ($12.18). Approximately 431,163 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 417,887 shares. The stock had previously closed at GBX 978 ($12.29).

Analysts Set New Price Targets

JTC has been the subject of several recent research reports. Shore Capital reiterated a “hold” rating on shares of JTC in a research note on Thursday, September 26th. Berenberg Bank boosted their price objective on shares of JTC from GBX 1,300 ($16.34) to GBX 1,400 ($17.59) and gave the company a “buy” rating in a research report on Monday, September 16th.

JTC Price Performance

The company has a debt-to-equity ratio of 52.47, a current ratio of 1.92 and a quick ratio of 2.70. The stock has a market capitalization of £1.57 billion, a price-to-earnings ratio of 5,383.33 and a beta of 0.68. The company has a 50-day simple moving average of GBX 1,024.70 and a two-hundred day simple moving average of GBX 1,018.56.

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.