JTC (LON:JTC) Trading Down 1.4% – Should You Sell?

Jtc Plc (LON:JTC)’s share price dropped 1.4% on Friday . The stock traded as low as GBX 930 ($11.36) and last traded at GBX 934 ($11.40). Approximately 5,789,928 shares were traded during trading, an increase of 443% from the average daily volume of 1,065,563 shares. The stock had previously closed at GBX 947 ($11.56).

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Shore Capital reaffirmed a “hold” rating on shares of JTC in a research note on Thursday, September 26th. Berenberg Bank boosted their price objective on shares of JTC from GBX 1,300 ($15.87) to GBX 1,400 ($17.09) and gave the company a “buy” rating in a research report on Monday, September 16th.

JTC Trading Down 1.4 %

The company’s 50 day simple moving average is GBX 995.90 and its 200-day simple moving average is GBX 1,027.30. The firm has a market cap of £1.52 billion, a P/E ratio of 5,188.89 and a beta of 0.68. The company has a quick ratio of 2.70, a current ratio of 1.92 and a debt-to-equity ratio of 52.47.

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.