Judges Scientific (LON:JDG) Insider Bradley Leonard Ormsby Buys 8 Shares of Company Stock

Key Points

• Insider purchase: Bradley Leonard Ormsby bought 8 Judges Scientific shares at GBX 3,608 each, investing £288.64. He also bought 63 shares worth £3,097.71 in July.
• Stock performance: Shares fell 0.6% to GBX 3,577 and remain below their 50-day and 200-day moving averages. The stock has traded between GBX 3,480 and GBX 6,300 over the past year.
• Analyst outlook: Judges Scientific has a consensus “Buy” rating from two analysts, with a consensus price target of GBX 6,490; Berenberg separately set a GBX 5,600 target.

Judges Scientific plc (LON:JDG - Get Free Report) insider Bradley Leonard Ormsby bought 8 shares of Judges Scientific stock in a transaction that occurred on Monday, October 5th. The stock was bought at an average price of GBX 3,608 per share, for a total transaction of £288.64.

Bradley Leonard Ormsby also recently made the following trade(s):

• On Friday, July 17th, Bradley Leonard Ormsby bought 63 shares of Judges Scientific stock. The shares were purchased at an average cost of GBX 4,917 per share, with a total value of £3,097.71.

Judges Scientific Trading Down 0.6%

Judges Scientific stock traded down GBX 23 during trading hours on Tuesday, reaching GBX 3,577. 23,343 shares of the company's stock were exchanged, compared to its average volume of 21,541. The company has a quick ratio of 0.65, a current ratio of 2.62 and a debt-to-equity ratio of 76.68. The firm's 50 day simple moving average is GBX 4,022.25 and its 200 day simple moving average is GBX 4,355.94. Judges Scientific plc has a twelve month low of GBX 3,480 and a twelve month high of GBX 6,300. The firm has a market capitalization of £238.26 million, a PE ratio of -388.80, a PEG ratio of 0.56 and a beta of 0.69.

Judges Scientific (LON:JDG - Get Free Report) last announced its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 39 earnings per share (EPS) for the quarter. Judges Scientific had a negative return on equity of 0.72% and a negative net margin of 0.46%. Research analysts predict that Judges Scientific plc will post 402.5824271 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on JDG shares. Shore Capital Group reissued a "house stock" rating on shares of Judges Scientific in a research report on Thursday, July 23rd. Berenberg Bank restated a "buy" rating and set a GBX 5,600 price objective on shares of Judges Scientific in a report on Wednesday, September 23rd. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of GBX 6,490.

Judges Scientific Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.