Judges Scientific (LON:JDG) Reaches New 12-Month Low – Here’s Why

Shares of Judges Scientific plc (LON:JDG) hit a new 52-week low on Monday . The stock traded as low as GBX 7,300 ($90.00) and last traded at GBX 7,540 ($92.96), with a volume of 2822 shares trading hands. The stock had previously closed at GBX 7,360 ($90.74).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target on Judges Scientific from £124 ($152.88) to £113.10 ($139.44) and set a “buy” rating for the company in a research note on Tuesday, November 19th.

Judges Scientific Trading Up 1.2 %

The firm has a market capitalization of £502.57 million, a price-to-earnings ratio of 3,962.70, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The business’s 50 day moving average price is GBX 8,569.01 and its 200-day moving average price is GBX 9,544.79. The company has a debt-to-equity ratio of 70.71, a current ratio of 1.97 and a quick ratio of 0.65.

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.