JTC (LON:JTC) Sets New 1-Year Low at $581.00

Jtc Plc (LON:JTC – Get Rating) hit a new 52-week low on Friday . The company traded as low as GBX 581 ($7.05) and last traded at GBX 581 ($7.05), with a volume of 907647 shares traded. The stock had previously closed at GBX 595 ($7.22).

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada restated a “sector perform” rating and issued a GBX 830 ($10.07) price objective on shares of JTC in a report on Thursday, March 24th. Berenberg Bank restated a “buy” rating and issued a GBX 945 ($11.47) price objective on shares of JTC in a report on Tuesday, April 19th. Finally, Shore Capital restated a “buy” rating on shares of JTC in a report on Tuesday, April 19th.

The company has a debt-to-equity ratio of 56.86, a quick ratio of 2.81 and a current ratio of 2.91. The firm has a market cap of £857.47 million and a P/E ratio of 29.60. The business’s 50-day simple moving average is GBX 724.35 and its 200 day simple moving average is GBX 787.21.

The business also recently announced a dividend, which will be paid on Friday, July 8th. Shareholders of record on Thursday, June 16th will be given a GBX 5.07 ($0.06) dividend. This represents a yield of 0.66%. The ex-dividend date of this dividend is Thursday, June 16th. This is an increase from JTC’s previous dividend of $2.60. JTC’s payout ratio is 0.34%.

In other JTC news, insider Nigel Le Quesne acquired 30,062 shares of the business’s stock in a transaction dated Monday, June 13th. The stock was purchased at an average price of GBX 662 ($8.03) per share, with a total value of £199,010.44 ($241,546.84). Also, insider Wendy Holley acquired 13,088 shares of the business’s stock in a transaction dated Tuesday, April 19th. The shares were acquired at an average cost of GBX 760 ($9.22) per share, with a total value of £99,468.80 ($120,729.21).

About JTC (LON:JTC)

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients worldwide. The company operates through 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.

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