Judges Scientific (LON:JDG) Hits New 12-Month Low – Should You Sell?

Judges Scientific plc (LON:JDG)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 7,500 ($91.78) and last traded at GBX 7,560 ($92.51), with a volume of 15786 shares traded. The stock had previously closed at GBX 7,860 ($96.18).

Analysts Set New Price Targets

Several equities research analysts recently commented on JDG shares. Berenberg Bank decreased their price objective on shares of Judges Scientific from £124 ($151.74) to £113.10 ($138.40) and set a “buy” rating on the stock in a research report on Tuesday, November 19th. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research report on Thursday, September 19th.

Judges Scientific Price Performance

The company has a debt-to-equity ratio of 70.71, a current ratio of 1.97 and a quick ratio of 0.65. The firm has a market capitalization of £490.03 million, a PE ratio of 3,863.87, a P/E/G ratio of 0.56 and a beta of 0.83. The company has a 50-day moving average price of GBX 8,798.61 and a 200-day moving average price of GBX 9,644.53.

Insider Activity at Judges Scientific

In other Judges Scientific news, insider Bradley Leonard Ormsby sold 230 shares of Judges Scientific stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of GBX 8,900 ($108.91), for a total value of £20,470 ($25,048.95). 18.75% of the stock is currently owned by corporate insiders.

About Judges Scientific

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.