JTC (LON:JTC) Trading Up 1% - Still a Buy?

Jtc Plc (LON:JTC - Get Free Report)'s stock price rose 1% during trading on Wednesday . The company traded as high as GBX 850 ($11.28) and last traded at GBX 834 ($11.07). Approximately 226,524 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 757,915 shares. The stock had previously closed at GBX 826 ($10.96).

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Shore Capital reissued a "buy" rating on shares of JTC in a research report on Tuesday, April 8th. Berenberg Bank reissued a "buy" rating and set a GBX 1,400 ($18.58) target price on shares of JTC in a report on Tuesday, April 8th.

JTC Stock Performance

The stock has a market capitalization of £1.43 billion, a P/E ratio of 47.84 and a beta of 0.68. The company has a quick ratio of 2.70, a current ratio of 1.92 and a debt-to-equity ratio of 43.81. The company has a 50-day moving average price of GBX 894.07 and a two-hundred day moving average price of GBX 959.65.

JTC Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Thursday, April 17th were issued a GBX 8.24 ($0.11) dividend. This represents a yield of 1.05%. This is an increase from JTC's previous dividend of $4.30. The ex-dividend date was Thursday, April 17th. JTC's dividend payout ratio (DPR) is presently 67.30%.

Insider Transactions at JTC

In related news, insider Dawn Marriott purchased 10,644 shares of the business's stock in a transaction on Friday, February 28th. The stock was acquired at an average price of GBX 939 ($12.46) per share, with a total value of £99,947.16 ($132,626.27). Insiders own 10.16% of the company's stock.

About JTC

JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all of our stakeholders. Our purpose is to maximise potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.