Judges Scientific (LON:JDG) Stock Passes Above 200-Day Moving Average of $10,739.19

Shares of Judges Scientific plc (LON:JDG) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of £107.39 ($140.44) and traded as high as £108 ($141.23). Judges Scientific shares last traded at £108 ($141.23), with a volume of 50,130 shares changing hands.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Berenberg Bank boosted their target price on shares of Judges Scientific from £120 ($156.92) to £124 ($162.16) and gave the company a “buy” rating in a report on Monday, August 19th. Shore Capital restated a “house stock” rating on shares of Judges Scientific in a report on Thursday, August 29th. Finally, Jefferies Financial Group assumed coverage on shares of Judges Scientific in a report on Tuesday, September 3rd. They issued a “buy” rating and a £122.30 ($159.93) target price on the stock.

Judges Scientific Trading Up 3.8 %

The firm’s fifty day moving average is £105.24 and its 200-day moving average is £107.39. The firm has a market cap of £717.12 million, a price-to-earnings ratio of 7,500.00, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 79.06, a current ratio of 1.87 and a quick ratio of 0.65.

Insider Activity

In related news, insider Bradley Leonard Ormsby acquired 4 shares of the company’s stock in a transaction dated Thursday, September 5th. The shares were purchased at an average price of £110 ($143.85) per share, for a total transaction of £440 ($575.39). Company insiders own 21.88% of the company’s stock.

About Judges Scientific

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.