JTC (LON:JTC) Hits New 12-Month High at $907.00

Jtc Plc (LON:JTC)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 907 ($11.39) and last traded at GBX 907 ($11.39), with a volume of 858166 shares. The stock had previously closed at GBX 892 ($11.21).

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on JTC. Shore Capital reiterated a “buy” rating on shares of JTC in a research report on Tuesday, April 9th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 950 ($11.93) price objective on shares of JTC in a report on Tuesday, April 9th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 1,100 ($13.82) target price on shares of JTC in a research note on Friday, April 12th.

JTC Stock Up 0.2 %

The stock has a market cap of £1.51 billion, a price-to-earnings ratio of 5,335.29 and a beta of 0.70. The business’s 50 day moving average is GBX 830.66 and its 200-day moving average is GBX 783.98. The company has a debt-to-equity ratio of 32.05, a quick ratio of 2.70 and a current ratio of 2.23.

JTC Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 30th will be given a GBX 7.67 ($0.10) dividend. This is a positive change from JTC’s previous dividend of $3.50. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 0.93%. JTC’s dividend payout ratio (DPR) is 5,882.35%.

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.