Judges Scientific plc (LON:JDG) Insider Purchases £247.52 in Stock

Key Points

• Insider Bradley Leonard Ormsby purchased 4 shares of Judges Scientific plc at an average price of GBX 6,188, totaling £247.52.
• The stock traded at GBX 6,093.05, with a twelve-month price range of GBX 5,900 to £112.25, reflecting significant volatility.
• Berenberg Bank has lowered its price target for Judges Scientific from £106 to GBX 7,900, maintaining a "buy" rating on the stock.

Judges Scientific plc (LON:JDG - Get Free Report) insider Bradley Leonard Ormsby purchased 4 shares of the stock in a transaction dated Tuesday, August 5th. The stock was purchased at an average price of GBX 6,188 ($82.28) per share, with a total value of £247.52 ($329.11).

Judges Scientific Stock Performance

LON:JDG traded up GBX 13.05 ($0.17) during midday trading on Wednesday, reaching GBX 6,093.05 ($81.01). 19,946 shares of the company traded hands, compared to its average volume of 23,213. Judges Scientific plc has a twelve month low of GBX 5,900 ($78.45) and a twelve month high of £112.25 ($149.25). The firm has a market capitalization of £400.02 million, a price-to-earnings ratio of 26.79, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 70.79, a current ratio of 1.97 and a quick ratio of 0.65. The company has a fifty day moving average price of GBX 7,908.92 and a 200 day moving average price of GBX 7,509.81.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on JDG. Berenberg Bank lowered their price target on Judges Scientific from £106 ($140.94) to GBX 7,900 ($105.04) and set a "buy" rating for the company in a report on Monday, July 28th. Shore Capital restated a "house stock" rating on shares of Judges Scientific in a research report on Thursday, July 24th.

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.

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