JTC (LON:JTC) Shares Down 0.9% – Should You Sell?

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Berenberg Bank raised their price objective on shares of JTC from GBX 1,300 ($16.34) to GBX 1,400 ($17.59) and gave the stock a “buy” rating in a research report on Monday, September 16th. Shore Capital restated a “hold” rating on shares of JTC in a report on Thursday, September 26th.

JTC Trading Down 0.9 %

The company has a debt-to-equity ratio of 52.47, a quick ratio of 2.70 and a current ratio of 1.92. The business has a 50 day moving average of GBX 1,024.70 and a two-hundred day moving average of GBX 1,017.97. The firm has a market capitalization of £1.57 billion, a price-to-earnings ratio of 5,383.33 and a beta of 0.68.

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.