JTC (LON:JTC) Trading 12.7% Higher – What’s Next?

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 changed hands 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 Ratings Changes

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

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 firm has a market cap of £2.25 billion, a price-to-earnings ratio of -29,789.64 and a beta of 0.68. The company has a fifty day moving average price of GBX 952.82 and a two-hundred day moving average price of 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.