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

Key Points

• Judges Scientific's stock crossed below its 200‑day moving average, trading as low as GBX 4,283 and last at GBX 4,315 versus the 200‑day average of GBX 5,247.
• Analysts maintain an overall Buy consensus with a consensus price target of GBX 6,490, even as the company trades at a high P/E (~53.3), has modest profitability (ROE 6.24%, net margin 3.77%) and significant leverage (debt‑to‑equity 77.9%).

Judges Scientific plc (LON:JDG - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 5,247.07 and traded as low as GBX 4,283. Judges Scientific shares last traded at GBX 4,315, with a volume of 4,561 shares trading hands.

Analyst Upgrades and Downgrades

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

Judges Scientific Stock Performance

The company has a debt-to-equity ratio of 77.90, a current ratio of 2.39 and a quick ratio of 0.65. The firm has a fifty day moving average price of GBX 4,490.62 and a two-hundred day moving average price of GBX 5,247.07. The stock has a market capitalization of £288.78 million, a PE ratio of 53.27, a P/E/G ratio of 0.56 and a beta of 0.66.

Judges Scientific (LON:JDG - Get Free Report) last issued 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. Research analysts expect that Judges Scientific plc will post 402.5824271 EPS for the current 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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