Judges Scientific (LON:JDG) Shares Cross Above 200 Day Moving Average – Time to Sell?

Judges Scientific plc (LON:JDG) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4,999.69 and traded as high as GBX 5,080. Judges Scientific shares last traded at GBX 5,039.21, with a volume of 8,444 shares.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on JDG. Shore Capital Group reiterated a “house stock” rating on shares of Judges Scientific in a report on Thursday, January 22nd. Berenberg Bank restated a “buy” rating and issued a GBX 5,600 target price on shares of Judges Scientific in a report on Tuesday, March 31st. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Judges Scientific has a consensus rating of “Buy” and a consensus target price of GBX 6,490.

Judges Scientific Stock Down 1.2%

The company has a current ratio of 2.39, a quick ratio of 0.65 and a debt-to-equity ratio of 77.90. The stock has a market capitalization of £335.61 million, a PE ratio of 61.91, a P/E/G ratio of 0.56 and a beta of 0.76. The stock’s fifty day simple moving average is GBX 4,366.04 and its 200-day simple moving average is GBX 4,999.69.

Judges Scientific (LON:JDG) last announced its earnings results on Tuesday, March 31st. The company reported GBX 275.30 EPS for the quarter. Judges Scientific had a net margin of 3.77% and a return on equity of 6.24%. The company had revenue of £145.80 million during the quarter. As a group, sell-side analysts forecast that Judges Scientific plc will post 402.5824271 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Susan Nyman acquired 120 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of GBX 4,880 per share, for a total transaction of £5,856. Company insiders own 10.96% of the company’s stock.

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.