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

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

Judges Scientific Price Performance

Shares of LON JDG traded down GBX 23 during mid-day trading on Tuesday, reaching GBX 3,577. The company had a trading volume of 23,343 shares, compared to its average volume of 21,541. The company has a 50-day moving average price of GBX 4,022.25 and a two-hundred day moving average price of GBX 4,355.94. The stock has a market cap of £238.26 million, a PE ratio of -388.80, a P/E/G ratio of 0.56 and a beta of 0.69. The company has a current ratio of 2.62, a quick ratio of 0.65 and a debt-to-equity ratio of 76.68. Judges Scientific plc has a 1-year low of GBX 3,480 and a 1-year high of GBX 6,300.

Judges Scientific (LON:JDG) last posted its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 39 earnings per share (EPS) for the quarter. Judges Scientific had a negative return on equity of 0.72% and a negative net margin of 0.46%. On average, equities analysts anticipate that Judges Scientific plc will post 402.5824271 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Berenberg Bank reissued a “buy” rating and issued 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 report on Thursday, July 23rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Judges Scientific presently has an average rating of “Buy” and a consensus price target 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.