JTC (LON:JTC) Stock Price Up 1.2% – Should You Buy?

Jtc Plc (LON:JTC)’s stock price traded up 1.2% during mid-day trading on Thursday . The stock traded as high as GBX 992 ($12.91) and last traded at GBX 992 ($12.91). 165,901 shares changed hands during trading, a decline of 62% from the average session volume of 434,095 shares. The stock had previously closed at GBX 980 ($12.76).

Analyst Upgrades and Downgrades

Several research firms have weighed in on JTC. Berenberg Bank upped their price target on JTC from GBX 1,300 ($16.92) to GBX 1,400 ($18.22) and gave the stock a “buy” rating in a research note on Monday, September 16th. Shore Capital restated a “hold” rating on shares of JTC in a research report on Thursday, September 26th.

JTC Stock Up 1.2 %

The company has a debt-to-equity ratio of 52.47, a quick ratio of 2.70 and a current ratio of 1.92. The firm has a market capitalization of £1.61 billion, a PE ratio of 5,511.11 and a beta of 0.68. The company has a fifty day moving average price of GBX 1,059.46 and a 200-day moving average price of GBX 997.77.

JTC Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, September 26th were given a dividend of GBX 4.30 ($0.06) per share. The ex-dividend date was Thursday, September 26th. This represents a yield of 0.38%. JTC’s dividend payout ratio (DPR) is currently 6,666.67%.

JTC Company Profile

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates in two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.