JTC (LON:JTC) Shares Down 3.1% - Time to Sell?

Jtc Plc (LON:JTC - Get Free Report)'s share price was down 3.1% during mid-day trading on Friday . The company traded as low as GBX 823 ($11.17) and last traded at GBX 823 ($11.17). Approximately 291,791 shares traded hands during trading, a decline of 57% from the average daily volume of 672,599 shares. The stock had previously closed at GBX 849 ($11.52).

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 1,400 ($19.00) price objective on shares of JTC in a research report on Tuesday, April 8th. Shore Capital reiterated a "buy" rating on shares of JTC in a research note on Tuesday, April 8th.

JTC Price Performance

The firm has a 50-day moving average price of GBX 849.40 and a 200-day moving average price of GBX 925.97. The company has a debt-to-equity ratio of 43.81, a quick ratio of 2.70 and a current ratio of 1.92. The stock has a market cap of £1.37 billion, a P/E ratio of 45.65 and a beta of 0.68.

JTC Increases Dividend

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

JTC Company Profile

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.