Judges Scientific (LON:JDG – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a report issued on Thursday,Digital Look reports. They currently have a GBX 5,600 target price on the stock. Berenberg Bank’s price target points to a potential upside of 23.35% from the company’s previous close.
Judges Scientific Stock Down 1.8%
Shares of LON:JDG opened at GBX 4,540 on Thursday. The stock has a market cap of £302.41 million, a P/E ratio of 55.77, a price-to-earnings-growth ratio of 0.56 and a beta of 0.72. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90. Judges Scientific has a 52-week low of GBX 3,480 and a 52-week high of GBX 7,000. The business’s 50 day moving average is GBX 4,644.92 and its 200 day moving average is GBX 4,711.44.
Insider Activity
In other Judges Scientific news, insider Bradley Leonard Ormsby purchased 63 shares of Judges Scientific stock in a transaction on Friday, July 17th. The stock was bought at an average cost of GBX 4,917 per share, with a total value of £3,097.71. Also, insider Susan Nyman bought 120 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of GBX 4,880 per share, with a total value of £5,856. Over the last three months, insiders have bought 305 shares of company stock valued at $1,495,245. Company insiders own 9.92% 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 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.
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