Judges Scientific plc (LON:JDG) Insider Tim Prestidge Buys 511 Shares

Judges Scientific plc (LON:JDG) insider Tim Prestidge purchased 511 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average cost of GBX 7,502 ($96.70) per share, for a total transaction of £38,335.22 ($49,413.79).

Judges Scientific Stock Performance

JDG stock opened at GBX 6,428 ($82.86) on Monday. The company has a market cap of £422.01 million, a P/E ratio of 28.26, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. Judges Scientific plc has a twelve month low of GBX 6,368.40 ($82.09) and a twelve month high of £122.50 ($157.90). The business’s fifty day moving average is GBX 7,536.75 and its 200-day moving average is GBX 8,403.06. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.79.

Judges Scientific (LON:JDG) last released its quarterly earnings data on Wednesday, March 19th. The company reported GBX 283.40 ($3.65) earnings per share for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. Equities research analysts forecast that Judges Scientific plc will post 402.5824271 EPS for the current year.

Judges Scientific Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 11th. Shareholders of record on Thursday, June 12th will be paid a GBX 74.80 ($0.96) dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a yield of 1.01%. This is a positive change from Judges Scientific’s previous dividend of $29.70. Judges Scientific’s payout ratio is presently 43.09%.

Analyst Ratings Changes

A number of research analysts have issued reports on JDG shares. Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a report on Wednesday, March 19th. Berenberg Bank restated a “buy” rating and issued a £106 ($136.63) price objective on shares of Judges Scientific in a research report on Wednesday, March 26th.

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 22 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.