Judges Scientific (LON:JDG) Stock Crosses Below 200-Day Moving Average - Time to Sell?

Judges Scientific plc (LON:JDG - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9,439.86 ($117.24) and traded as low as GBX 7,040 ($87.43). Judges Scientific shares last traded at GBX 7,060 ($87.68), with a volume of 25,446 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their target price on Judges Scientific from £124 ($154.00) to £113.10 ($140.46) and set a "buy" rating on the stock in a research report on Tuesday, November 19th.

Judges Scientific Price Performance

The company has a debt-to-equity ratio of 70.71, a quick ratio of 0.65 and a current ratio of 1.97. The company has a market capitalization of £471.44 million, a PE ratio of 3,717.28, a P/E/G ratio of 0.56 and a beta of 0.83. The company's 50-day simple moving average is GBX 8,195.84 and its 200-day simple moving average is GBX 9,350.49.

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 22 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.