Berenberg Bank restated their buy rating on shares of Judges Scientific (LON:JDG – Free Report) in a research note released on Thursday,Digital Look reports. They currently have a GBX 5,600 price target on the stock.
Judges Scientific Stock Up 0.9%
Shares of LON JDG opened at GBX 4,590 on Thursday. The firm has a market cap 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’s 50-day simple moving average is GBX 4,624.93 and its 200-day simple moving average is GBX 4,702.41. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90. Judges Scientific has a 52-week low of GBX 3,480 and a 52-week high of GBX 7,000.
Insider Transactions at Judges Scientific
In other Judges Scientific news, insider Susan Nyman bought 120 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were acquired at an average cost of GBX 4,880 per share, with a total value of £5,856. Also, insider Ralph Elman acquired 122 shares of Judges Scientific stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average price of GBX 4,917 per share, for a total transaction of £5,998.74. Insiders have bought 305 shares of company stock valued at $1,495,245 over the last ninety days. Insiders own 9.92% of the company’s stock.
About Judges Scientific
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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