Judges Scientific (LON:JDG) Earns House Stock Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Judges Scientific (LON:JDG) in a report issued on Thursday, MarketBeat reports.

A number of other research analysts have also recently weighed in on JDG. Jefferies Financial Group assumed coverage on shares of Judges Scientific in a report on Tuesday, September 3rd. They issued a buy rating and a £122.30 ($161.56) price objective for the company. Berenberg Bank restated a buy rating and set a £124 ($163.80) target price on shares of Judges Scientific in a research report on Thursday.

Judges Scientific Price Performance

LON:JDG opened at £101 ($133.42) on Thursday. The company has a debt-to-equity ratio of 79.06, a current ratio of 1.87 and a quick ratio of 0.65. The company has a 50 day moving average price of £104.33 and a 200-day moving average price of £107.24. Judges Scientific has a 1-year low of GBX 7,300 ($96.43) and a 1-year high of £122.50 ($161.82). The firm has a market cap of £670.64 million, a price-to-earnings ratio of 5,315.79, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83.

Judges Scientific Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be paid a GBX 29.70 ($0.39) dividend. The ex-dividend date is Thursday, October 10th. This represents a yield of 0.29%. Judges Scientific’s dividend payout ratio is currently 5,000.00%.

Insider Buying and Selling

In related news, insider Bradley Leonard Ormsby acquired 4 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were acquired at an average cost of £110 ($145.31) per share, with a total value of £440 ($581.24). 21.88% of the stock is owned by insiders.

Judges Scientific Company Profile

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.