Judges Scientific (LON:JDG) Share Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Price breach: Judges Scientific (LON:JDG) recently crossed below its 200-day moving average
• Analyst optimism: Despite the technical dip, analysts maintain a positive view (average rating "Buy"), with a consensus target of GBX 6,490 and individual targets such as GBX 5,600 from Berenberg Bank.
• Key fundamentals: the company has a market cap of £315.02m, a high P/E of 58.11 but low PEG of 0.56, modest profitability (ROE 6.24%, net margin 3.77%), and a debt-to-equity ratio of 77.90, indicating mixed valuation and financial-strength signals.

Judges Scientific plc (LON:JDG - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 5,079.10 and traded as low as GBX 4,630. Judges Scientific shares last traded at GBX 4,730, with a volume of 9,368 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Berenberg Bank restated a "buy" rating and issued a GBX 5,600 target price on shares of Judges Scientific in a research note on Tuesday, March 31st. Shore Capital Group restated a "house stock" rating on shares of Judges Scientific in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of GBX 6,490.

Judges Scientific Stock Up 1.9%

The business has a 50-day simple moving average of GBX 4,359.85 and a two-hundred day simple moving average of GBX 5,079.10. The stock has a market capitalization of £315.02 million, a P/E ratio of 58.11, a PEG ratio of 0.56 and a beta of 0.66. 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 (LON:JDG - Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported GBX 275.30 earnings per share for the quarter. Judges Scientific had a return on equity of 6.24% and a net margin of 3.77%.The firm had revenue of £145.80 million for the quarter. Equities research analysts forecast that Judges Scientific plc will post 402.5824271 earnings per share for the current fiscal year.

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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