Judges Scientific (LON:JDG) Rating Reiterated by Shore Capital

Shore Capital reissued their house stock rating on shares of Judges Scientific (LON:JDG) in a report released on Thursday morning, Marketbeat Ratings reports.

Other equities research analysts have also recently issued research reports about the stock. Berenberg Bank reiterated a buy rating and set a £124 ($163.80) price objective on shares of Judges Scientific in a research report on Thursday. Jefferies Financial Group started coverage on shares of Judges Scientific in a research note on Tuesday, September 3rd. They set a buy rating and a £122.30 ($161.56) target price for the company.

Judges Scientific Stock Performance

LON:JDG opened at GBX 9,904.05 ($130.83) on Thursday. The stock has a 50-day moving average price of £104.33 and a 200 day moving average price of £107.24. The stock has a market capitalization of £657.63 million, a P/E ratio of 5,315.79, a P/E/G ratio of 0.56 and a beta of 0.83. Judges Scientific has a 12-month low of GBX 7,300 ($96.43) and a 12-month high of £122.50 ($161.82). The company has a current ratio of 1.87, a quick ratio of 0.65 and a debt-to-equity ratio of 79.06.

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 GBX 29.70 ($0.39) dividend. This represents a yield of 0.29%. The ex-dividend date of this dividend is Thursday, October 10th. Judges Scientific’s payout ratio is 5,000.00%.

Insider Transactions at Judges Scientific

In other Judges Scientific news, insider Bradley Leonard Ormsby purchased 4 shares of Judges Scientific stock in a transaction that occurred on Thursday, September 5th. The shares were bought at an average price of £110 ($145.31) per share, for a total transaction of £440 ($581.24). Insiders own 21.88% 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.