Judges Scientific (LON:JDG) Stock Passes Above 200 Day Moving Average – What’s Next?

Judges Scientific plc (LON:JDGGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4,999.69 and traded as high as GBX 5,080. Judges Scientific shares last traded at GBX 5,039.21, with a volume of 8,444 shares traded.

Analysts Set New Price Targets

Several equities analysts recently issued reports on JDG shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 5,600 price objective on shares of Judges Scientific in a research report on Tuesday, March 31st. Shore Capital Group reaffirmed a “house stock” rating on shares of Judges Scientific in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 6,490.

Get Our Latest Stock Analysis on Judges Scientific

Judges Scientific Price Performance

The company has a market cap of £335.61 million, a P/E ratio of 61.91, a P/E/G ratio of 0.56 and a beta of 0.76. 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 firm’s fifty day moving average is GBX 4,366.04 and its two-hundred day moving average is GBX 4,999.69.

Judges Scientific (LON:JDGGet Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported GBX 275.30 EPS for the quarter. Judges Scientific had a net margin of 3.77% and a return on equity of 6.24%. The business had revenue of £145.80 million during the quarter. As a group, analysts anticipate that Judges Scientific plc will post 402.5824271 earnings per share for the current fiscal year.

Insider Activity at Judges Scientific

In related news, insider Susan Nyman acquired 120 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was acquired at an average price of GBX 4,880 per share, with a total value of £5,856. 10.96% of the stock is owned by company insiders.

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.

Read More

Receive News & Ratings for Judges Scientific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Judges Scientific and related companies with MarketBeat.com's FREE daily email newsletter.