Judges Scientific plc (LON:JDG) Insider David Cicurel Sells 60,000 Shares

Judges Scientific plc (LON:JDG) insider David Cicurel sold 60,000 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of GBX 1,000 ($13.39), for a total value of £600,000 ($803,427.96).

Judges Scientific Stock Performance

Shares of Judges Scientific stock traded down GBX 200 ($2.68) during trading hours on Thursday, reaching GBX 9,700 ($129.89). 203,473 shares of the stock traded hands, compared to its average volume of 13,520. The company has a 50 day moving average price of £103.66 and a 200 day moving average price of £106.99. Judges Scientific plc has a one year low of GBX 7,300 ($97.75) and a one year high of £122.50 ($164.03). The company has a quick ratio of 0.65, a current ratio of 1.87 and a debt-to-equity ratio of 79.06. The firm has a market capitalization of £644.08 million, a price-to-earnings ratio of 5,105.26, a P/E/G ratio of 0.56 and a beta of 0.83.

Judges Scientific Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be issued a GBX 29.70 ($0.40) dividend. The ex-dividend date is Thursday, October 10th. This represents a yield of 0.29%. Judges Scientific’s dividend payout ratio is currently 5,000.00%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on JDG shares. Berenberg Bank reaffirmed a “buy” rating and issued a £124 ($166.04) price target on shares of Judges Scientific in a research report on Thursday, September 19th. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th. Finally, Jefferies Financial Group began coverage on shares of Judges Scientific in a research note on Tuesday, September 3rd. They set a “buy” rating and a £122.30 ($163.77) target price on the stock.

About Judges Scientific

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.