Judges Scientific (LON:JDG) Releases Quarterly Earnings Results

Judges Scientific (LON:JDG) issued its quarterly earnings data on Wednesday. The company reported GBX 283.40 ($3.68) EPS for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%.

Judges Scientific Stock Performance

LON:JDG opened at GBX 7,027 ($91.35) on Wednesday. The stock has a 50-day simple moving average of GBX 7,528.77 and a two-hundred day simple moving average of GBX 8,675.05. Judges Scientific has a 52-week low of GBX 6,760 ($87.88) and a 52-week high of £122.50 ($159.26). The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97. The firm has a market capitalization of £461.34 million, a PE ratio of 30.89, a P/E/G ratio of 0.56 and a beta of 0.83.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Wednesday. Berenberg Bank cut their price objective on Judges Scientific from £124 ($161.21) to £113.10 ($147.04) and set a “buy” rating for the company in a report on Tuesday, November 19th.

About Judges Scientific

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.