JTC (LON:JTC) Trading 12.7% Higher – Should You Buy?

Shares of Jtc Plc (LON:JTC) traded up 12.7% during mid-day trading on Saturday . The company traded as high as GBX 1,376 ($18.66) and last traded at GBX 1,322.66 ($17.93). 3,510,700 shares were traded during trading, an increase of 355% from the average session volume of 770,853 shares. The stock had previously closed at GBX 1,174 ($15.92).

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on JTC. Berenberg Bank restated a “buy” rating and issued a GBX 1,400 target price on shares of JTC in a report on Thursday, July 31st. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 1,025 target price on shares of JTC in a report on Monday, September 1st. Finally, Shore Capital restated a “hold” rating and issued a GBX 1,200 target price on shares of JTC in a report on Tuesday, September 2nd. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 1,208.33.

JTC Stock Up 12.7%

The company has a debt-to-equity ratio of 43.81, a quick ratio of 2.70 and a current ratio of 1.92. The company has a market cap of £2.25 billion, a price-to-earnings ratio of -29,789.64 and a beta of 0.68. The stock’s fifty day moving average is GBX 952.82 and its two-hundred day moving average is GBX 900.22.

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.