Judges Scientific plc (LON:JDG) Insider Sells £600,000 in Stock

Judges Scientific plc (LON:JDG) insider David Cicurel sold 60,000 shares of Judges Scientific stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of GBX 1,000 ($13.39), for a total transaction of £600,000 ($803,427.96).

Judges Scientific Stock Down 2.1 %

Shares of LON JDG opened at GBX 9,500 ($127.21) on Friday. The company has a quick ratio of 0.65, a current ratio of 1.87 and a debt-to-equity ratio of 79.06. Judges Scientific plc has a 52 week low of GBX 7,300 ($97.75) and a 52 week high of £122.50 ($164.03). The firm has a 50-day moving average price of £102.89 and a 200 day moving average price of £106.79. The stock has a market capitalization of £630.80 million, a price-to-earnings ratio of 5,000.00, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83.

Judges Scientific Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be paid a GBX 29.70 ($0.40) 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 (DPR) is 5,000.00%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Judges Scientific in a report on Tuesday, September 3rd. They issued a “buy” rating and a £122.30 ($163.77) target price on the stock. Berenberg Bank reiterated a “buy” rating and issued a £124 ($166.04) price objective on shares of Judges Scientific in a research note on Thursday, September 19th. Finally, Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, September 19th.

Judges Scientific Company Profile

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.