Insider Buying: Judges Scientific (LON:JDG) Insider Purchases £288.64 in Stock

Judges Scientific plc (LON:JDG) insider Tim Prestidge acquired 8 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were acquired at an average price of GBX 3,608 per share, with a total value of £288.64.

Judges Scientific Stock Performance

Shares of JDG stock opened at GBX 3,580 on Friday. The company’s fifty day simple moving average is GBX 3,958.80 and its 200-day simple moving average is GBX 4,353.32. Judges Scientific plc has a 52 week low of GBX 3,480 and a 52 week high of GBX 6,300. The company has a current ratio of 2.62, a quick ratio of 0.65 and a debt-to-equity ratio of 76.68. The company has a market cap of £238.46 million, a PE ratio of -389.13, a P/E/G ratio of 0.56 and a beta of 0.69.

Judges Scientific (LON:JDG) last announced its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 39 earnings per share for the quarter. Judges Scientific had a negative net margin of 0.46% and a negative return on equity of 0.72%. As a group, equities research analysts anticipate that Judges Scientific plc will post 402.5824271 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Shore Capital Group reiterated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, July 23rd. Berenberg Bank reissued a “buy” rating and set a GBX 5,600 price target on shares of Judges Scientific in a research report on Wednesday, September 23rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 6,490.

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.