Shore Capital Group Reiterates House Stock Rating for Judges Scientific (LON:JDG)

Judges Scientific (LON:JDG)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital Group in a research report issued to clients and investors on Thursday, Marketbeat.com reports.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 5,600 price target on shares of Judges Scientific in a report on Thursday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 6,490.

Judges Scientific Price Performance

JDG stock opened at GBX 4,590 on Thursday. Judges Scientific has a 1 year low of GBX 3,480 and a 1 year high of GBX 7,000. 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 stock’s 50 day moving average price is GBX 4,624.93 and its 200 day moving average price is GBX 4,702.41. The firm has a market cap of £305.74 million, a P/E ratio of 56.39, a PEG ratio of 0.56 and a beta of 0.72.

Insider Activity

In other news, insider Bradley Leonard Ormsby acquired 63 shares of Judges Scientific stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average price of GBX 4,917 per share, with a total value of £3,097.71. Also, insider Susan Nyman bought 120 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were purchased at an average price of GBX 4,880 per share, for a total transaction of £5,856. Insiders bought a total of 305 shares of company stock valued at $1,495,245 over the last 90 days. Insiders own 9.92% of the company’s stock.

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.