Judges Scientific (LON:JDG) Receives “House Stock” Rating from Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Judges Scientific (LON:JDG) in a research note published on Thursday, Marketbeat.com reports.

Several other equities research analysts have also recently issued reports on the stock. 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) target price on the stock. Berenberg Bank reaffirmed a buy rating and issued a £124 ($163.80) price objective on shares of Judges Scientific in a report on Thursday.

Judges Scientific Price Performance

JDG opened at GBX 9,965 ($131.64) on Thursday. The company’s 50-day simple moving average is £104.51 and its two-hundred day simple moving average is £107.30. Judges Scientific has a 52-week low of GBX 7,300 ($96.43) and a 52-week high of £122.50 ($161.82). The stock has a market capitalization of £661.68 million, a P/E ratio of 6,847.22, a P/E/G ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 79.06, a quick ratio of 0.65 and a current ratio of 1.87.

Judges Scientific Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be given a dividend of GBX 29.70 ($0.39) per share. The ex-dividend date is Thursday, October 10th. This represents a yield of 0.29%. Judges Scientific’s dividend payout ratio (DPR) is 6,597.22%.

Insider Buying and Selling at Judges Scientific

In other Judges Scientific news, insider Bradley Leonard Ormsby acquired 4 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was purchased at an average price of £110 ($145.31) per share, with a total value of £440 ($581.24). 21.88% of the stock is owned by corporate 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.