Judges Scientific (LON:JDG) Sets New 1-Year Low – What’s Next?

Judges Scientific plc (LON:JDG)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 7,500 ($91.80) and last traded at GBX 7,560 ($92.53), with a volume of 15786 shares changing hands. The stock had previously closed at GBX 7,860 ($96.21).

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on JDG shares. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th. Berenberg Bank reduced their target price on Judges Scientific from £124 ($151.77) to £113.10 ($138.43) and set a “buy” rating on the stock in a report on Tuesday, November 19th.

Judges Scientific Stock Up 0.9 %

The business’s 50 day simple moving average is GBX 8,761.41 and its 200 day simple moving average is GBX 9,625.92. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.71. The firm has a market capitalization of £501.32 million, a PE ratio of 3,952.88, a PEG ratio of 0.56 and a beta of 0.83.

Judges Scientific Company Profile

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 22 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.