JTC (LON:JTC) Reaches New 1-Year High at $1,100.00

Jtc Plc (LON:JTC) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,100 ($14.38) and last traded at GBX 1,098 ($14.36), with a volume of 25335 shares changing hands. The stock had previously closed at GBX 1,070 ($13.99).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,150 ($15.04) price target on shares of JTC in a research note on Thursday, July 25th.

JTC Price Performance

The company has a quick ratio of 2.70, a current ratio of 2.25 and a debt-to-equity ratio of 52.51. The business has a 50-day moving average price of GBX 1,044.95 and a two-hundred day moving average price of GBX 928.66. The company has a market capitalization of £1.78 billion, a price-to-earnings ratio of 7,714.29 and a beta of 0.68.

About JTC

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.