Judges Scientific plc (LON:JDG - Get Free Report) shares shot up 3.3% on Tuesday . The company traded as high as GBX 8,780 ($112.00) and last traded at GBX 8,700 ($110.98). 10,931 shares traded hands during trading, a decline of 27% from the average session volume of 15,041 shares. The stock had previously closed at GBX 8,420 ($107.41).
Wall Street Analyst Weigh In
A number of brokerages have issued reports on JDG. Jefferies Financial Group began coverage on shares of Judges Scientific in a research report on Tuesday, September 3rd. They issued a "buy" rating and a £122.30 ($156.01) price objective for the company. Shore Capital reaffirmed a "house stock" rating on shares of Judges Scientific in a research report on Thursday, September 19th. Finally, Berenberg Bank cut their price objective on Judges Scientific from £124 ($158.18) to £113.10 ($144.28) and set a "buy" rating on the stock in a research report on Tuesday, November 19th.
Get Our Latest Stock Analysis on JDG
Judges Scientific Stock Performance
The company has a market capitalization of £577.68 million, a PE ratio of 4,554.97, a P/E/G ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 70.71, a current ratio of 1.97 and a quick ratio of 0.65. The firm's 50 day moving average is GBX 9,138.32 and its 200 day moving average is GBX 9,951.59.
Judges Scientific Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, October 10th were given a dividend of GBX 29.70 ($0.38) per share. This represents a yield of 0.29%. The ex-dividend date of this dividend was Thursday, October 10th. Judges Scientific's payout ratio is 5,130.89%.
Insiders Place Their Bets
In other Judges Scientific news, insider David Cicurel sold 60,000 shares of the firm's stock in a transaction on Thursday, September 26th. The stock was sold at an average price of GBX 1,000 ($12.76), for a total transaction of £600,000 ($765,403.75). Also, insider Bradley Leonard Ormsby sold 230 shares of Judges Scientific stock in a transaction on Thursday, October 17th. The shares were sold at an average price of GBX 8,900 ($113.53), for a total value of £20,470 ($26,113.02). In the last 90 days, insiders acquired 6 shares of company stock worth $57,327 and sold 86,021 shares worth $304,482,400. Company insiders own 18.75% of the company's stock.
Judges Scientific Company Profile
(
Get Free Report)
Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.
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