Judges Scientific (LON:JDG) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Judges Scientific plc (LON:JDG)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 6,556.25 and traded as low as GBX 5,653. Judges Scientific shares last traded at GBX 5,680, with a volume of 8,443 shares.

Wall Street Analysts Forecast Growth

A number of research firms have commented on JDG. Berenberg Bank reissued a “buy” rating and set a GBX 7,900 target price on shares of Judges Scientific in a research report on Wednesday, November 26th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 7,380 price objective on shares of Judges Scientific in a research note on Tuesday, November 4th. Finally, Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a research note on Thursday, September 18th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 7,640.

Judges Scientific Stock Performance

The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. The stock has a market cap of £379.11 million, a PE ratio of 34.97, a P/E/G ratio of 0.56 and a beta of 0.83. The business’s 50-day moving average price is GBX 5,531.21 and its 200-day moving average price is GBX 6,556.25.

Judges Scientific (LON:JDG) last posted its earnings results on Thursday, September 18th. The company reported GBX 141.40 EPS for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. As a group, equities research analysts expect that Judges Scientific plc will post 402.5824271 earnings per share for the current fiscal year.

Insider Activity

In other Judges Scientific news, insider Lushani Kodituwakku acquired 1,224 shares of the firm’s stock in a transaction dated Friday, October 17th. The stock was purchased at an average price of GBX 5,698 per share, for a total transaction of £69,743.52. Insiders acquired 1,776 shares of company stock worth $10,177,832 over the last 90 days. Corporate insiders own 10.86% of the company’s stock.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.