Judges Scientific (LON:JDG) Hits New 1-Year Low – Here’s What Happened

Judges Scientific plc (LON:JDG)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 7,500 ($91.78) and last traded at GBX 7,560 ($92.51), with a volume of 15786 shares changing hands. The stock had previously closed at GBX 7,860 ($96.18).

Wall Street Analyst Weigh In

Several equities research analysts have commented on JDG shares. Shore Capital restated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, September 19th. Berenberg Bank dropped their target price on shares of Judges Scientific from £124 ($151.74) to £113.10 ($138.40) and set a “buy” rating for the company in a research report on Tuesday, November 19th.

Judges Scientific Trading Down 2.4 %

The business’s 50-day moving average is GBX 8,798.61 and its two-hundred day moving average is GBX 9,644.53. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.71. The stock has a market capitalization of £490.03 million, a PE ratio of 3,863.87, a PEG ratio of 0.56 and a beta of 0.83.

Insider Transactions at Judges Scientific

In other news, insider Bradley Leonard Ormsby sold 230 shares of the business’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of GBX 8,900 ($108.91), for a total transaction of £20,470 ($25,048.95). Company insiders own 18.75% of the company’s stock.

About Judges Scientific

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.