Judges Scientific (LON:JDG) Stock: Insider Tim Prestidge Buys 8 Shares

Key Points

• Insider purchase: Tim Prestidge bought 8 Judges Scientific shares at GBX 3,608 each, investing £288.64.
• Stock performance: Shares fell GBX 23 to GBX 3,577, below both the 50-day and 200-day moving averages, with a 52-week range of GBX 3,480 to GBX 6,300.
• Analyst outlook: Judges Scientific has a consensus “Buy” rating, with an average price target of GBX 6,490; Berenberg separately set a GBX 5,600 target.

Judges Scientific plc (LON:JDG - Get Free Report) insider Tim Prestidge purchased 8 shares of the stock in a transaction dated Monday, October 5th. The stock was purchased at an average price of GBX 3,608 per share, with a total value of £288.64.

Judges Scientific Stock Performance

JDG traded down GBX 23 during trading on Tuesday, reaching GBX 3,577. 23,343 shares of the company were exchanged, compared to its average volume of 21,541. 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 firm has a 50 day moving average of GBX 4,022.25 and a 200 day moving average of GBX 4,355.94. The stock has a market cap of £238.26 million, a P/E 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 results on Wednesday, September 23rd. The company reported GBX 39 earnings per share (EPS) for the quarter. Judges Scientific had a negative net margin of 0.46% and a negative return on equity of 0.72%. On average, sell-side analysts forecast that Judges Scientific plc will post 402.5824271 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on JDG shares. Shore Capital Group reiterated a "house stock" rating on shares of Judges Scientific in a research report on Thursday, July 23rd. Berenberg Bank reissued a "buy" rating and set a GBX 5,600 target price on shares of Judges Scientific in a research note on Wednesday, September 23rd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently 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.

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