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

Jtc Plc (LON:JTC) traded up 12.7% during trading on Saturday . The stock traded as high as GBX 1,376 ($18.66) and last traded at GBX 1,322.66 ($17.93). 3,510,700 shares traded 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 Upgrades and Downgrades

Several research firms have recently weighed in on JTC. Shore Capital restated a “hold” rating and set a GBX 1,200 price target on shares of JTC in a report on Tuesday, September 2nd. 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. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 1,025 price target on shares of JTC in a report on Monday, September 1st. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 1,208.33.

JTC Stock Up 12.7%

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

JTC Company Profile

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.