Insider Buying: Judges Scientific plc (LON:JDG) Insider Acquires 2 Shares of Stock

Judges Scientific plc (LON:JDG) insider Mark Lavelle bought 2 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of GBX 9,500 ($123.67) per share, for a total transaction of £190 ($247.33).

Judges Scientific Trading Up 3.6 %

Shares of LON:JDG traded up GBX 340 ($4.43) during midday trading on Wednesday, reaching GBX 9,700 ($126.27). The company’s stock had a trading volume of 9,345 shares, compared to its average volume of 14,251. The firm has a market capitalization of £644.08 million, a price-to-earnings ratio of 4,895.29, a PEG ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 70.71, a quick ratio of 0.65 and a current ratio of 1.97. The firm has a 50 day moving average price of GBX 9,758.57 and a two-hundred day moving average price of £103.53. Judges Scientific plc has a fifty-two week low of GBX 8,000 ($104.14) and a fifty-two week high of £122.50 ($159.46).

Judges Scientific Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 10th will be paid a GBX 29.70 ($0.39) dividend. This represents a dividend yield of 0.29%. The ex-dividend date of this dividend is Thursday, October 10th. Judges Scientific’s dividend payout ratio is 5,130.89%.

Analyst Ratings Changes

Several research analysts have commented on JDG shares. Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th. Jefferies Financial Group assumed coverage on Judges Scientific in a report on Tuesday, September 3rd. They set a “buy” rating and a £122.30 ($159.20) target price on the stock. Finally, Berenberg Bank reissued a “buy” rating and issued a £124 ($161.42) price objective on shares of Judges Scientific in a research note on Thursday, September 19th.

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.