Judges Scientific (LON:JDG) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Judges Scientific plc (LON:JDG) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 9,772.16 ($122.97) and traded as low as GBX 8,575 ($107.90). Judges Scientific shares last traded at GBX 8,660 ($108.97), with a volume of 12,405 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts recently commented on JDG shares. Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a research report on Thursday, September 19th. Berenberg Bank dropped their target price on shares of Judges Scientific from £124 ($156.03) to £113.10 ($142.32) and set a “buy” rating on the stock in a report on Tuesday, November 19th. Finally, Jefferies Financial Group began coverage on Judges Scientific in a research report on Tuesday, September 3rd. They set a “buy” rating and a £122.30 ($153.89) price target on the stock.

Judges Scientific Stock Performance

The stock has a market capitalization of £564.40 million, a price-to-earnings ratio of 4,450.26, a P/E/G ratio of 0.56 and a beta of 0.83. The company’s fifty day simple moving average is GBX 8,929.09 and its 200 day simple moving average is GBX 9,759.31. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.71.

Insider Activity at Judges Scientific

In other news, insider David Cicurel bought 3 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was bought at an average price of GBX 9,923 ($124.86) per share, with a total value of £297.69 ($374.59). Also, insider Ralph Elman sold 25,791 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of GBX 9,400 ($118.28), for a total transaction of £2,424,354 ($3,050,653.08). In the last 90 days, insiders have purchased 6 shares of company stock worth $57,327. Insiders own 18.75% of the company’s stock.

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.