Judges Scientific (LON:JDG) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Judges Scientific plc (LON:JDG)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 7,076.61 ($94.27) and traded as low as GBX 5,800 ($77.26). Judges Scientific shares last traded at GBX 5,900 ($78.59), with a volume of 5,734 shares traded.

Analyst Ratings Changes

A number of brokerages recently issued reports on JDG. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, September 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 7,900 price target on shares of Judges Scientific in a research note on Thursday, September 11th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 7,900.

Judges Scientific Stock Up 2.0%

The company’s 50 day moving average price is GBX 6,272.76 and its two-hundred day moving average price is GBX 7,076.61. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. The stock has a market cap of £400.27 million, a P/E ratio of 3,693.25, a PEG ratio of 0.56 and a beta of 0.83.

Judges Scientific (LON:JDG) last issued its quarterly earnings data on Thursday, September 18th. The company reported GBX 141.40 earnings per share for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. Equities analysts forecast that Judges Scientific plc will post 402.5824271 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider David Cicurel bought 6 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were bought at an average price of GBX 6,188 per share, for a total transaction of £371.28. Also, insider Charles Holroyd bought 524 shares of the firm’s stock in a transaction on Thursday, July 24th. The shares were purchased at an average price of GBX 6,675 per share, for a total transaction of £34,977. In the last 90 days, insiders have bought 549 shares of company stock worth $3,619,331. Company insiders own 10.83% of the company’s stock.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 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.