Judges Scientific (LON:JDG) Releases Earnings Results

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

Judges Scientific Price Performance

Shares of JDG stock traded down GBX 100 during trading hours 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 current ratio of 2.62, a quick ratio of 0.65 and a debt-to-equity ratio of 76.68. The business has a fifty day moving average of GBX 4,139.48 and a 200-day moving average of GBX 4,371.14. Judges Scientific has a twelve month low of GBX 3,480 and a twelve month high of GBX 6,380. The stock has a market cap of £239.80 million, a price-to-earnings ratio of 44.23, a P/E/G ratio of 0.56 and a beta of 0.69.

Insider Activity at Judges Scientific

In related news, insider Ralph Elman bought 122 shares of the stock in a transaction on Friday, July 17th. The shares were purchased at an average price of GBX 4,917 per share, for a total transaction of £5,998.74. Also, insider Bradley Leonard Ormsby bought 63 shares of the stock in a transaction on Friday, July 17th. The shares were bought at an average price of GBX 4,917 per share, for a total transaction of £3,097.71. Insiders own 9.92% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on JDG shares. Berenberg Bank reiterated a “buy” rating and set a GBX 5,600 target price on shares of Judges Scientific in a research report on Wednesday. Shore Capital Group restated a “house stock” rating on shares of Judges Scientific in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus 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.