Ralph Elman Acquires 122 Shares of Judges Scientific (LON:JDG) Stock

Judges Scientific plc (LON:JDG) insider Ralph Elman purchased 122 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were purchased at an average cost of GBX 4,917 per share, for a total transaction of £5,998.74.

Judges Scientific Stock Up 1.1%

JDG stock opened at GBX 4,600 on Wednesday. Judges Scientific plc has a one year low of GBX 3,480 and a one year high of GBX 8,160. 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 4,655.22 and its 200 day moving average is GBX 4,719.01. The firm has a market cap of £306.41 million, a PE ratio of 56.51, a P/E/G ratio of 0.56 and a beta of 0.72.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 5,600 price target on shares of Judges Scientific in a research report on Tuesday, March 31st. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 6,490.

Judges Scientific Company Profile

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.