Judges Scientific (LON:JDG) Issues Earnings Results

Judges Scientific (LON:JDG) posted its quarterly earnings results on Wednesday. The company reported GBX 283.40 ($3.68) earnings per share (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 Trading Up 3.8 %

Shares of JDG opened at GBX 7,100 ($92.30) on Wednesday. The stock’s 50-day moving average is GBX 7,528.77 and its two-hundred day moving average is GBX 8,675.05. The stock has a market cap of £466.13 million, a PE ratio of 31.21, a P/E/G ratio of 0.56 and a beta of 0.83. Judges Scientific has a 12 month low of GBX 6,760 ($87.88) and a 12 month high of £122.50 ($159.26). The company has a debt-to-equity ratio of 70.79, a current ratio of 1.97 and a quick ratio of 0.65.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a research report on Wednesday. Berenberg Bank reduced their price objective on Judges Scientific from £124 ($161.21) to £113.10 ($147.04) and set a “buy” rating on the stock in a research note 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.