Judges Scientific (LON:JDG) Issues Quarterly Earnings Results

Judges Scientific (LON:JDG) released its quarterly earnings data on Wednesday. The company reported GBX 39 EPS for the quarter, Digital Look Earnings reports. Judges Scientific had a negative net margin of 0.46% and a negative return on equity of 0.72%.

Judges Scientific Stock Performance

Judges Scientific stock traded down GBX 100 during midday trading on Friday, hitting GBX 3,600. The company’s stock had a trading volume of 21,081 shares, compared to its average volume of 20,188. The company has a debt-to-equity ratio of 76.68, a current ratio of 2.62 and a quick ratio of 0.65. The company has a market cap of £239.80 million, a price-to-earnings ratio of 44.23, a PEG ratio of 0.56 and a beta of 0.69. Judges Scientific has a 1-year low of GBX 3,480 and a 1-year high of GBX 6,380. The company has a 50-day moving average price of GBX 4,139.48 and a two-hundred day moving average price of GBX 4,371.14.

Insider Buying and Selling

In other Judges Scientific news, insider Bradley Leonard Ormsby purchased 63 shares of the company’s stock in a transaction dated Friday, July 17th. The stock was bought at an average cost of GBX 4,917 per share, for a total transaction of £3,097.71. Also, insider Ralph Elman purchased 122 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average price of GBX 4,917 per share, with a total value of £5,998.74. Corporate insiders own 9.92% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Shore Capital Group reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Thursday, July 23rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 5,600 price target on shares of Judges Scientific in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently 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.