David Cicurel Sells 60,000 Shares of Judges Scientific plc (LON:JDG) Stock

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

Judges Scientific Trading Down 2.1 %

LON JDG opened at GBX 9,500 ($127.21) on Friday. The stock’s fifty day moving average price is £103.29 and its 200-day moving average price is £106.92. The company has a current ratio of 1.87, a quick ratio of 0.65 and a debt-to-equity ratio of 79.06. The stock has a market cap of £630.80 million, a P/E ratio of 5,000.00, a P/E/G ratio of 0.56 and a beta of 0.83. Judges Scientific plc has a 12 month low of GBX 7,300 ($97.75) and a 12 month high of £122.50 ($164.03).

Judges Scientific Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 10th will be paid a dividend of GBX 29.70 ($0.40) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 0.29%. Judges Scientific’s dividend payout ratio is currently 5,000.00%.

Analysts Set New Price Targets

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

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.