Judges Scientific (LON:JDG) Reaches New 52-Week Low – Time to Sell?

Shares of Judges Scientific plc (LON:JDG) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 7,500 ($91.80) and last traded at GBX 7,560 ($92.53), with a volume of 15786 shares traded. The stock had previously closed at GBX 7,860 ($96.21).

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Berenberg Bank lowered their price target on Judges Scientific from £124 ($151.77) to £113.10 ($138.43) and set a “buy” rating on the stock in a report on Tuesday, November 19th. Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th.

Judges Scientific Stock Performance

The company has a debt-to-equity ratio of 70.71, a current ratio of 1.97 and a quick ratio of 0.65. The firm has a market cap of £501.32 million, a PE ratio of 3,952.88, a PEG ratio of 0.56 and a beta of 0.83. The business has a 50-day simple moving average of GBX 8,761.41 and a 200 day simple moving average of GBX 9,625.92.

Judges Scientific Company Profile

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.