JTC (LON:JTC) Stock Price Up 17.8% – Here’s What Happened

Jtc Plc (LON:JTC) traded up 17.8% on Saturday . The stock traded as high as GBX 1,160 ($15.67) and last traded at GBX 1,154 ($15.58). 4,164,218 shares were traded during trading, an increase of 516% from the average session volume of 676,478 shares. The stock had previously closed at GBX 980 ($13.23).

Analyst Ratings Changes

JTC has been the topic of several recent research reports. Berenberg Bank restated a “buy” rating and set a GBX 1,400 price target on shares of JTC in a report on Thursday, July 31st. Shore Capital reiterated a “buy” rating and set a GBX 1,150 price objective on shares of JTC in a research report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, JTC presently has a consensus rating of “Buy” and a consensus target price of GBX 1,275.

JTC Stock Performance

The company has a debt-to-equity ratio of 43.81, a current ratio of 1.92 and a quick ratio of 2.70. The stock has a market capitalization of £1.96 billion, a PE ratio of -25,990.99 and a beta of 0.68. The firm has a fifty day moving average price of GBX 884.79 and a two-hundred day moving average price of GBX 884.61.

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.