Judges Scientific (LON:JDG) Insider Buys 3 Shares

Judges Scientific plc (LON:JDG) insider Tim Prestidge bought 3 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was purchased at an average price of GBX 5,753 per share, for a total transaction of £172.59.

Judges Scientific Trading Up 0.7%

Shares of LON:JDG opened at GBX 5,760 on Thursday. Judges Scientific plc has a 52-week low of GBX 4,400 and a 52-week high of GBX 9,120. The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97. The company has a market cap of £383.10 million, a P/E ratio of 35.34, a P/E/G ratio of 0.56 and a beta of 0.83. The stock’s 50-day moving average is GBX 5,469.10 and its 200-day moving average is GBX 6,312.15.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 7,380 price target on shares of Judges Scientific in a research note on Tuesday, November 4th. Berenberg Bank restated a “buy” rating and issued a GBX 7,900 target price on shares of Judges Scientific in a research note on Wednesday, November 26th. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 18th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Judges Scientific presently has an average rating of “Buy” and an average target price of GBX 7,640.

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.