Judges Scientific plc (LON:JDG) Insider Ralph Elman Sells 25,791 Shares

Judges Scientific plc (LON:JDG) insider Ralph Elman sold 25,791 shares of Judges Scientific stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of GBX 9,400 ($125.74), for a total value of £2,424,354 ($3,242,849.12).

Judges Scientific Price Performance

Shares of LON:JDG opened at GBX 9,525 ($127.41) on Wednesday. The company has a debt-to-equity ratio of 70.71, a quick ratio of 0.65 and a current ratio of 1.97. The business’s fifty day moving average price is £102.26 and its two-hundred day moving average price is £106.40. The stock has a market cap of £632.46 million, a PE ratio of 5,013.16, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. Judges Scientific plc has a one year low of GBX 7,300 ($97.65) and a one year high of £122.50 ($163.86).

Judges Scientific Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be paid a dividend of GBX 29.70 ($0.40) per share. This represents a dividend yield of 0.29%. The ex-dividend date of this dividend is Thursday, October 10th. Judges Scientific’s payout ratio is currently 5,157.89%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on JDG. Jefferies Financial Group started coverage on Judges Scientific in a research report on Tuesday, September 3rd. They issued a “buy” rating and a £122.30 ($163.59) price target for the company. Berenberg Bank reissued a “buy” rating and issued a £124 ($165.86) price objective on shares of Judges Scientific in a research note on Thursday, September 19th. Finally, Shore Capital restated a “house stock” rating on shares of Judges Scientific in a research report on Thursday, September 19th.

Judges Scientific Company Profile

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.