Judges Scientific plc (LON:JDG) Insider Sells £600,000 in Stock

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

Judges Scientific Trading Down 2.1 %

LON JDG opened at GBX 9,500 ($127.21) on Friday. The company’s fifty day simple moving average is £102.89 and its 200-day simple moving average is £106.79. Judges Scientific plc has a 52 week low of GBX 7,300 ($97.75) and a 52 week high of £122.50 ($164.03). 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 PEG ratio of 0.56 and a beta of 0.83.

Judges Scientific Cuts Dividend

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

Analyst Ratings Changes

JDG has been the subject of a number of analyst reports. Jefferies Financial Group initiated coverage on shares of Judges Scientific in a research report on Tuesday, September 3rd. They issued a “buy” rating and a £122.30 ($163.77) price objective for the company. Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a research report on Thursday, September 19th. Finally, Berenberg Bank reissued a “buy” rating and issued a £124 ($166.04) price objective on shares of Judges Scientific in a research report on Thursday, September 19th.

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.