Judges Scientific (LON:JDG) Issues Quarterly Earnings Results

Judges Scientific (LON:JDG) released its 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 LON JDG opened at GBX 3,700 on Friday. The company has a 50 day simple moving average of GBX 4,158.48 and a 200 day simple moving average of GBX 4,376.57. The company has a debt-to-equity ratio of 76.68, a current ratio of 2.62 and a quick ratio of 0.65. Judges Scientific has a 1 year low of GBX 3,480 and a 1 year high of GBX 6,380. The firm has a market cap of £246.46 million, a PE ratio of 45.45, a price-to-earnings-growth ratio of 0.56 and a beta of 0.69.

Insider Activity at Judges Scientific

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on JDG. Shore Capital Group restated a “house stock” rating on shares of Judges Scientific in a research 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 analysts have rated the stock with a Buy rating, According to 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.