Judges Scientific (LON:JDG) Insider Buys 63 Shares

Judges Scientific plc (LON:JDG) insider Bradley Leonard Ormsby bought 63 shares of the stock in a transaction dated Friday, July 17th. The stock was purchased at an average cost of GBX 4,917 per share, for a total transaction of £3,097.71.

Judges Scientific Trading Up 0.9%

Shares of LON JDG opened at GBX 4,590 on Monday. The company’s fifty day moving average is GBX 4,673.64 and its 200-day moving average is GBX 4,735.56. The stock has a market cap of £305.74 million, a price-to-earnings ratio of 56.39, a P/E/G ratio of 0.56 and a beta of 0.72. Judges Scientific plc has a twelve month low of GBX 3,480 and a twelve month high of GBX 8,160. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90.

Wall Street Analyst Weigh In

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

Judges Scientific Company Profile

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.