Shore Capital Group Reaffirms “House Stock” Rating for Judges Scientific (LON:JDG)

Judges Scientific (LON:JDG)‘s stock had its “house stock” rating reaffirmed by Shore Capital Group in a research note issued to investors on Thursday,London Stock Exchange reports.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 5,600 price objective on shares of Judges Scientific in a research report on Thursday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Judges Scientific has an average rating of “Buy” and an average target price of GBX 6,490.

Judges Scientific Price Performance

LON:JDG opened at GBX 4,542.50 on Thursday. The business’s 50-day moving average price is GBX 4,644.92 and its 200 day moving average price is GBX 4,711.44. The firm has a market cap of £302.58 million, a P/E ratio of 55.80, a PEG ratio of 0.56 and a beta of 0.72. Judges Scientific has a 52-week low of GBX 3,480 and a 52-week high of GBX 7,000. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90.

Insider Activity

In related news, insider Susan Nyman bought 120 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average cost of GBX 4,880 per share, for a total transaction of £5,856. Also, insider Bradley Leonard Ormsby bought 63 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were bought at an average cost of GBX 4,917 per share, for a total transaction of £3,097.71. In the last 90 days, insiders purchased 305 shares of company stock worth $1,495,245. Insiders own 9.92% of the company’s stock.

About Judges Scientific

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.