Judges Scientific (LON:JDG) Releases Quarterly Earnings Results

Judges Scientific (LON:JDGGet Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 39 EPS for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 6.24% and a net margin of 3.77%.

Judges Scientific Stock Performance

JDG traded up GBX 10 on Thursday, hitting GBX 3,730. 47,038 shares of the company’s stock were exchanged, compared to its average volume of 20,354. The company has a current ratio of 2.39, a quick ratio of 0.65 and a debt-to-equity ratio of 77.90. Judges Scientific has a twelve month low of GBX 3,480 and a twelve month high of GBX 6,380. The stock has a fifty day moving average of GBX 4,175.68 and a two-hundred day moving average of GBX 4,380.09. The firm has a market cap of £248.46 million, a PE ratio of 45.82, a P/E/G ratio of 0.56 and a beta of 0.69.

Insider Activity at Judges Scientific

In related news, insider Ralph Elman acquired 122 shares of the firm’s stock in a transaction dated Friday, July 17th. The stock was acquired at an average cost of GBX 4,917 per share, for a total transaction of £5,998.74. Also, insider Bradley Leonard Ormsby purchased 63 shares of the stock in a transaction dated Friday, July 17th. The shares were purchased at an average price of GBX 4,917 per share, for a total transaction of £3,097.71. Insiders own 9.92% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on JDG. Shore Capital Group restated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, July 23rd. Berenberg Bank reissued a “buy” rating and set a GBX 5,600 target price on shares of Judges Scientific in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 6,490.

Get Our Latest Analysis on JDG

Key Judges Scientific News

Here are the key news stories impacting Judges Scientific this week:

Judges Scientific Company Profile

(Get Free Report)

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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Earnings History for Judges Scientific (LON:JDG)

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