Judges Scientific (LON:JDG – Get Free Report)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report released on Thursday,Digital Look reports. They presently have a GBX 5,600 target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 22.00% from the company’s current price.
Judges Scientific Stock Performance
Judges Scientific stock opened at GBX 4,590 on Thursday. Judges Scientific has a 12-month low of GBX 3,480 and a 12-month high of GBX 7,000. The company has a market capitalization of £305.74 million, a price-to-earnings ratio of 56.39, a price-to-earnings-growth ratio of 0.56 and a beta of 0.72. The company has a debt-to-equity ratio of 77.90, a current ratio of 2.39 and a quick ratio of 0.65. The firm’s fifty day moving average price is GBX 4,624.93 and its 200 day moving average price is GBX 4,702.41.
Insider Activity
In other Judges Scientific news, insider Ralph Elman purchased 122 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average price of GBX 4,917 per share, for a total transaction of £5,998.74. Also, insider Susan Nyman purchased 120 shares of Judges Scientific stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of GBX 4,880 per share, with a total value of £5,856. Insiders acquired 305 shares of company stock worth $1,495,245 over the last ninety days. Corporate 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.
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