Judges Scientific (LON:JDG) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Judges Scientific plc (LON:JDG) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 4,686.57 and traded as high as GBX 4,800. Judges Scientific shares last traded at GBX 4,512.99, with a volume of 21,187 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 5,600 price target on shares of Judges Scientific in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 6,490.

Judges Scientific Trading Down 0.8%

The company has a market capitalization of £300.61 million, a PE ratio of 55.44, a price-to-earnings-growth ratio of 0.56 and a beta of 0.72. 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 company’s fifty day moving average is GBX 4,686.57 and its 200-day moving average is GBX 4,752.11.

Insider Transactions at Judges Scientific

In related news, insider Susan Nyman purchased 120 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were acquired at an average cost of GBX 4,880 per share, for a total transaction of £5,856. Company insiders own 9.92% of the company’s stock.

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.