Judges Scientific (LON:JDG) Hits New 52-Week Low – What’s Next?

Judges Scientific plc (LON:JDG)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 8,200 ($102.30) and last traded at GBX 8,300 ($103.54), with a volume of 5639 shares changing hands. The stock had previously closed at GBX 8,460 ($105.54).

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on JDG shares. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th. Berenberg Bank dropped their price objective on shares of Judges Scientific from £124 ($154.69) to £113.10 ($141.09) and set a “buy” rating on the stock in a research note on Tuesday, November 19th.

Judges Scientific Trading Down 1.5 %

The business has a 50-day moving average of GBX 8,917.31 and a 200-day moving average of GBX 9,688.15. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.71. The stock has a market cap of £553.44 million, a price-to-earnings ratio of 4,363.87, a PEG ratio of 0.56 and a beta of 0.83.

Insider Activity

In other news, insider Bradley Leonard Ormsby sold 230 shares of the stock in a transaction on Thursday, October 17th. The shares were sold at an average price of GBX 8,900 ($111.03), for a total transaction of £20,470 ($25,536.43). 18.75% of the stock is owned by corporate insiders.

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.