Judges Scientific (LON:JDG) Receives House Stock Rating from Shore Capital Group

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

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 5,600 price objective on shares of Judges Scientific in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 6,490.

Judges Scientific Stock Down 1.8%

Shares of LON:JDG opened at GBX 4,542.50 on Thursday. The company has a debt-to-equity ratio of 77.90, a quick ratio of 0.65 and a current ratio of 2.39. The company has a market cap of £302.58 million, a PE ratio of 55.80, a price-to-earnings-growth ratio of 0.56 and a beta of 0.72. Judges Scientific has a 52 week low of GBX 3,480 and a 52 week high of GBX 7,000. The firm has a 50 day simple moving average of GBX 4,644.92 and a 200 day simple moving average of GBX 4,711.44.

Insider Buying and Selling at Judges Scientific

In other Judges Scientific news, insider Ralph Elman bought 122 shares of the company’s stock in a transaction dated Friday, July 17th. The shares were bought at an average price of GBX 4,917 per share, for a total transaction of £5,998.74. Also, insider Susan Nyman purchased 120 shares of Judges Scientific stock in a transaction dated Thursday, May 7th. The stock was bought at an average cost of GBX 4,880 per share, with a total value of £5,856. Insiders have acquired a total of 305 shares of company stock valued at $1,495,245 in the last 90 days. 9.92% of the stock is currently owned by corporate insiders.

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 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. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s Awards for innovation and export.

The Group’s companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.