Judges Scientific plc (LON:JDG) Insider Sells £2,287,488 in Stock

Judges Scientific plc (LON:JDG) insider Bradley Leonard Ormsby sold 20,424 shares of the company’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of £112 ($139.42), for a total transaction of £2,287,488 ($2,847,613.59).

Judges Scientific Stock Down 4.0 %

LON JDG opened at £109 ($135.69) on Wednesday. The company has a debt-to-equity ratio of 79.06, a quick ratio of 0.65 and a current ratio of 1.87. The firm has a 50-day simple moving average of £106.82 and a 200 day simple moving average of GBX 9,529.19. Judges Scientific plc has a twelve month low of GBX 7,300 ($90.88) and a twelve month high of £118.98 ($148.11). The stock has a market cap of £721.58 million, a PE ratio of 7,569.44, a PEG ratio of 0.56 and a beta of 0.88.

Judges Scientific Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 6th will be paid a GBX 68 ($0.85) dividend. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, June 6th. This is a boost from Judges Scientific’s previous dividend of $27.00. Judges Scientific’s dividend payout ratio (DPR) is presently 6,597.22%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, March 21st.

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.