JTC (LON:JTC) Hits New 52-Week High at $1,002.00

Jtc Plc (LON:JTC)’s share price reached a new 52-week high on Thursday . The company traded as high as GBX 1,002 ($12.67) and last traded at GBX 996.49 ($12.60), with a volume of 112995 shares. The stock had previously closed at GBX 988 ($12.50).

Analyst Ratings Changes

A number of research firms have recently weighed in on JTC. Berenberg Bank restated a “buy” rating and issued a GBX 950 ($12.02) target price on shares of JTC in a report on Tuesday, April 9th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,100 ($13.91) target price on shares of JTC in a report on Friday, April 12th. Finally, Shore Capital reiterated a “buy” rating on shares of JTC in a report on Tuesday, April 9th.

JTC Price Performance

The company has a market capitalization of £1.62 billion, a P/E ratio of 7,057.14 and a beta of 0.65. The firm’s fifty day moving average is GBX 911.57 and its 200 day moving average is GBX 839.37. The company has a debt-to-equity ratio of 52.51, a quick ratio of 2.70 and a current ratio of 2.25.

JTC Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, May 30th were issued a dividend of GBX 7.67 ($0.10) per share. This represents a yield of 0.93%. This is an increase from JTC’s previous dividend of $3.50. The ex-dividend date was Thursday, May 30th. JTC’s dividend payout ratio is presently 7,857.14%.

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.