Judges Scientific plc (LON:JDG) Insider Sells £2,424,354 in Stock

Judges Scientific plc (LON:JDG) insider Ralph Elman sold 25,791 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of GBX 9,400 ($125.74), for a total value of £2,424,354 ($3,242,849.12).

Judges Scientific Stock Down 1.2 %

Shares of Judges Scientific stock opened at GBX 9,800 ($131.09) on Friday. The stock has a 50-day moving average price of £102.09 and a 200 day moving average price of £106.18. The company has a market cap of £650.72 million, a P/E ratio of 5,157.89, a P/E/G ratio of 0.56 and a beta of 0.83. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.71. Judges Scientific plc has a 1 year low of GBX 7,300 ($97.65) and a 1 year high of £122.50 ($163.86).

Judges Scientific Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be paid a GBX 29.70 ($0.40) dividend. This represents a yield of 0.29%. The ex-dividend date of this dividend is Thursday, October 10th. Judges Scientific’s dividend payout ratio is currently 5,157.89%.

Analyst Ratings Changes

JDG has been the subject of several analyst reports. Berenberg Bank reaffirmed a “buy” rating and set a £124 ($165.86) target price on shares of Judges Scientific in a report on Thursday, September 19th. Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th. Finally, Jefferies Financial Group assumed coverage on Judges Scientific in a report on Tuesday, September 3rd. They set a “buy” rating and a £122.30 ($163.59) target price for the company.

Judges Scientific Company Profile

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.