Judges Scientific plc (LON:JDG) Insider Acquires £38,335.22 in Stock

Judges Scientific plc (LON:JDG) insider Tim Prestidge acquired 511 shares of the company’s stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average price of GBX 7,502 ($95.86) per share, with a total value of £38,335.22 ($48,984.44).

Judges Scientific Trading Down 1.5 %

Shares of LON JDG opened at GBX 6,600 ($84.33) on Thursday. Judges Scientific plc has a fifty-two week low of GBX 6,368.40 ($81.37) and a fifty-two week high of £122.50 ($156.53). The firm has a market capitalization of £433.30 million, a P/E ratio of 29.02, a P/E/G ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 70.79, a current ratio of 1.97 and a quick ratio of 0.65. The company’s 50 day simple moving average is GBX 7,496.55 and its 200 day simple moving average is GBX 8,312.39.

Judges Scientific (LON:JDG) last posted its quarterly earnings results on Wednesday, March 19th. The company reported GBX 283.40 ($3.62) earnings per share for the quarter. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%. On average, analysts predict that Judges Scientific plc will post 402.5824271 EPS for the current year.

Judges Scientific Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 12th will be given a dividend of GBX 74.80 ($0.96) per share. This is a positive change from Judges Scientific’s previous dividend of $29.70. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, June 12th. Judges Scientific’s payout ratio is presently 43.09%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Berenberg Bank restated a “buy” rating and set a £106 ($135.45) target price on shares of Judges Scientific in a research report on Wednesday, March 26th. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research report on Wednesday, March 19th.

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.