Insider Buying: Judges Scientific plc (LON:JDG) Insider Purchases 4 Shares of Stock

Judges Scientific plc (LON:JDG) insider Bradley Leonard Ormsby bought 4 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average price of £110 ($144.64) per share, with a total value of £440 ($578.57).

Judges Scientific Stock Down 1.8 %

Shares of LON:JDG traded down GBX 200 ($2.63) during midday trading on Friday, reaching £107 ($140.70). The company’s stock had a trading volume of 16,116 shares, compared to its average volume of 12,476. Judges Scientific plc has a 12-month low of GBX 7,300 ($95.99) and a 12-month high of £122.50 ($161.08). The firm has a market capitalization of £710.48 million, a P/E ratio of 7,482.52, a PEG ratio of 0.56 and a beta of 0.84. The firm has a 50 day moving average of £105.05 and a 200-day moving average of £107.26. The company has a quick ratio of 0.65, a current ratio of 1.87 and a debt-to-equity ratio of 79.06.

Analysts Set New Price Targets

Several brokerages have commented on JDG. Jefferies Financial Group initiated coverage on shares of Judges Scientific in a report on Tuesday. They issued a “buy” rating and a £122.30 ($160.82) price objective for the company. Berenberg Bank increased their price target on shares of Judges Scientific from £120 ($157.79) to £124 ($163.05) and gave the stock a “buy” rating in a research note on Monday, August 19th. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a research report on Thursday, August 29th.

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.