Judges Scientific plc (LON:JDG) Insider Purchases £190 in Stock

Judges Scientific plc (LON:JDG) insider Mark Lavelle acquired 2 shares of Judges Scientific stock in a transaction that occurred on Tuesday, November 5th. The stock was acquired at an average cost of GBX 9,500 ($123.67) per share, for a total transaction of £190 ($247.33).

Judges Scientific Stock Performance

Shares of JDG opened at £100 ($130.17) on Friday. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.71. The firm’s fifty day simple moving average is GBX 9,726.57 and its two-hundred day simple moving average is £103.41. Judges Scientific plc has a 12 month low of GBX 8,000 ($104.14) and a 12 month high of £122.50 ($159.46). The stock has a market capitalization of £664 million, a P/E ratio of 5,235.60, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83.

Judges Scientific Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 8th. Investors of record on Thursday, October 10th were given a dividend of GBX 29.70 ($0.39) per share. The ex-dividend date was Thursday, October 10th. This represents a dividend yield of 0.29%. Judges Scientific’s payout ratio is 5,130.89%.

Analysts Set New Price Targets

Several research analysts have commented on the company. Berenberg Bank reaffirmed a “buy” rating and set a £124 ($161.42) target price on shares of Judges Scientific in a report on Thursday, September 19th. Jefferies Financial Group assumed coverage on Judges Scientific in a report on Tuesday, September 3rd. They issued a “buy” rating and a £122.30 ($159.20) target price on the stock. Finally, Shore Capital restated a “house stock” rating on shares of Judges Scientific in a 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.