JTC (LON:JTC) Shares Up 0.2% – Here’s Why

Jtc Plc (LON:JTC)’s share price shot up 0.2% during mid-day trading on Tuesday . The company traded as high as GBX 1,284 and last traded at GBX 1,282. 658,086 shares traded hands during trading, a decline of 48% from the average session volume of 1,261,311 shares. The stock had previously closed at GBX 1,280.

Wall Street Analysts Forecast Growth

JTC has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 1,025 price target on shares of JTC in a research report on Monday, September 1st. Shore Capital reiterated a “hold” rating on shares of JTC in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating and two have given 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 Trading Up 0.2%

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 company has a market capitalization of £2.15 billion, a price-to-earnings ratio of -109.67 and a beta of 0.68. The business has a fifty day moving average price of GBX 1,296.45 and a 200 day moving average price of GBX 1,112.93.

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.