Judges Scientific (LON:JDG) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Judges Scientific plc (LON:JDG)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 6,556.25 and traded as low as GBX 5,653. Judges Scientific shares last traded at GBX 5,680, with a volume of 8,443 shares changing hands.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 7,380 target price on shares of Judges Scientific in a research note on Tuesday, November 4th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 7,900 price target on shares of Judges Scientific in a report on Wednesday, November 26th. Finally, Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 18th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 7,640.

Judges Scientific Stock Up 0.4%

The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. The business’s 50-day simple moving average is GBX 5,531.21 and its 200-day simple moving average is GBX 6,556.25. The company has a market capitalization of £379.11 million, a PE ratio of 34.97, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83.

Judges Scientific (LON:JDG) last released its quarterly earnings data on Thursday, September 18th. The company reported GBX 141.40 EPS for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. As a group, equities research analysts anticipate that Judges Scientific plc will post 402.5824271 EPS for the current fiscal year.

Insider Buying and Selling

In other Judges Scientific news, insider Lushani Kodituwakku purchased 387 shares of the stock in a transaction on Friday, October 17th. The shares were bought at an average cost of GBX 5,800 per share, with a total value of £22,446. Insiders have acquired 1,776 shares of company stock valued at $10,177,832 over the last 90 days. 10.86% of the stock is currently owned by corporate insiders.

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.