JTC (LON:JTC) Stock Price Down 0.9% – Here’s What Happened

Shares of Jtc Plc (LON:JTC) traded down 0.9% during mid-day trading on Friday . The company traded as low as GBX 957 ($12.03) and last traded at GBX 969 ($12.18). 431,163 shares were traded 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 recently commented on JTC shares. Berenberg Bank raised their target price on 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. Shore Capital reissued a “hold” rating on shares of JTC in a report on Thursday, September 26th.

JTC Stock 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 company has a market cap of £1.57 billion, a P/E ratio of 5,383.33 and a beta of 0.68. The stock has a 50 day moving average price of GBX 1,024.70 and a 200 day moving average price of GBX 1,018.56.

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.