JTC (LON:JTC) Shares Down 1.4% – Here’s What Happened

Shares of Jtc Plc (LON:JTC) were down 1.4% 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 mid-day 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).

Analysts Set New Price Targets

A number of equities research analysts have issued reports on JTC shares. Shore Capital reaffirmed a “hold” rating on shares of JTC in a report on Thursday, September 26th. Berenberg Bank lifted their price target 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 report on Monday, September 16th.

JTC Price Performance

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 firm has a fifty day simple moving average of GBX 995.90 and a two-hundred day simple moving average of GBX 1,026.42. The firm has a market cap of £1.52 billion, a PE ratio of 5,188.89 and a beta of 0.68.

About JTC

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.