Insider Buying: Judges Scientific (LON:JDG) Insider Buys 63 Shares

Judges Scientific plc (LON:JDG) insider Bradley Leonard Ormsby bought 63 shares of the company’s stock in a transaction dated Friday, July 17th. The stock was acquired at an average price of GBX 4,917 per share, for a total transaction of £3,097.71.

Judges Scientific Stock Performance

JDG stock opened at GBX 4,590 on Monday. The firm has a 50 day simple moving average of GBX 4,673.64 and a 200 day simple moving average of GBX 4,735.56. Judges Scientific plc has a 52 week low of GBX 3,480 and a 52 week high of GBX 8,160. The stock has a market cap of £305.74 million, a P/E ratio of 56.39, a P/E/G ratio of 0.56 and a beta of 0.72. The company has a debt-to-equity ratio of 77.90, a quick ratio of 0.65 and a current ratio of 2.39.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 5,600 price target on shares of Judges Scientific in a research note on Tuesday, March 31st. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average 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.