Judges Scientific (LON:JDG) Shares Down 18.1%

Judges Scientific plc (LON:JDG)’s stock price fell 18.1% during trading on Thursday . The stock traded as low as GBX 9,190 ($118.86) and last traded at GBX 9,250 ($119.63). 101,749 shares traded hands during trading, an increase of 763% from the average session volume of 11,792 shares. The stock had previously closed at £113 ($146.15).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a research report on Thursday.

Judges Scientific Trading Up 4.1 %

The company has a quick ratio of 0.65, a current ratio of 1.87 and a debt-to-equity ratio of 79.06. The firm’s 50-day moving average price is £106.26 and its 200 day moving average price is £105.87. The company has a market capitalization of £641.42 million, a P/E ratio of 6,708.33, a P/E/G ratio of 0.56 and a beta of 0.86.

Insider Buying and Selling

In related news, insider Alexander Hambro sold 1,100 shares of the business’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of £106.11 ($137.23), for a total transaction of £116,721 ($150,958.35). Over the last ninety days, insiders have bought 5 shares of company stock worth $54,700. 22.53% of the stock is owned by 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.