Judges Scientific’s (JDG) House Stock Rating Reaffirmed at Shore Capital

Judges Scientific (LON:JDG)‘s stock had its “house stock” rating reaffirmed by Shore Capital in a report released on Wednesday,London Stock Exchange reports.

Separately, Berenberg Bank reiterated a “buy” rating and issued a £106 ($140.29) price target on shares of Judges Scientific in a research report on Wednesday, March 26th.

Judges Scientific Price Performance

Shares of LON JDG traded down GBX 140 ($1.85) during midday trading on Wednesday, hitting GBX 6,600 ($87.35). The stock had a trading volume of 22,428 shares, compared to its average volume of 20,568. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.79. Judges Scientific has a 1 year low of GBX 6,368.40 ($84.28) and a 1 year high of £122.50 ($162.12). The company has a market capitalization of £433.30 million, a PE ratio of 29.02, a P/E/G ratio of 0.56 and a beta of 0.83. The stock has a 50 day simple moving average of GBX 7,474.37 and a 200-day simple moving average of GBX 8,229.87.

Judges Scientific (LON:JDG) last announced its earnings results on Wednesday, March 19th. The company reported GBX 283.40 ($3.75) earnings per share (EPS) for the quarter. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%. On average, sell-side analysts expect that Judges Scientific will post 402.5824271 EPS for the current fiscal year.

Insider Transactions at Judges Scientific

In other news, insider Tim Prestidge purchased 511 shares of Judges Scientific stock in a transaction dated Thursday, April 3rd. The stock was bought at an average price of GBX 7,502 ($99.29) per share, with a total value of £38,335.22 ($50,734.81). Insiders own 18.75% of the company’s stock.

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.