Judges Scientific (LON:JDG) Stock: Insider Tim Prestidge Purchases 8 Shares

Judges Scientific plc (LON:JDG) insider Tim Prestidge acquired 8 shares of Judges Scientific stock in a transaction that occurred on Monday, October 5th. The shares were purchased at an average price of GBX 3,608 per share, for a total transaction of £288.64.

Judges Scientific Stock Performance

Judges Scientific stock opened at GBX 3,600 on Thursday. The company has a debt-to-equity ratio of 76.68, a current ratio of 2.62 and a quick ratio of 0.65. Judges Scientific plc has a 12 month low of GBX 3,480 and a 12 month high of GBX 6,300. The company has a fifty day moving average price of GBX 3,979.80 and a two-hundred day moving average price of GBX 4,353.81. The company has a market cap of £239.80 million, a PE ratio of -391.30, a P/E/G ratio of 0.56 and a beta of 0.69.

Judges Scientific (LON:JDG) last issued its earnings results on Wednesday, September 23rd. The company reported GBX 39 earnings per share for the quarter. Judges Scientific had a negative net margin of 0.46% and a negative return on equity of 0.72%. Research analysts expect that Judges Scientific plc will post 402.5824271 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 5,600 price objective on shares of Judges Scientific in a research note on Wednesday, September 23rd. Shore Capital Group restated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, July 23rd. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Judges Scientific presently has a consensus rating of “Buy” and a consensus target price of GBX 6,490.

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. 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.