Tim Prestidge Purchases 511 Shares of Judges Scientific plc (LON:JDG) Stock

Judges Scientific plc (LON:JDG) insider Tim Prestidge bought 511 shares of the company’s stock in a transaction on Thursday, April 3rd. The shares were bought at an average price of GBX 7,502 ($95.86) per share, for a total transaction of £38,335.22 ($48,984.44).

Judges Scientific Price Performance

LON JDG opened at GBX 6,600 ($84.33) on Thursday. Judges Scientific plc has a 12-month low of GBX 6,368.40 ($81.37) and a 12-month high of £122.50 ($156.53). The firm’s 50 day moving average is GBX 7,496.55 and its 200-day moving average is GBX 8,312.39. The company has a market capitalization of £433.30 million, a PE ratio of 29.02, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. 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 issued its quarterly earnings results on Wednesday, March 19th. The company reported GBX 283.40 ($3.62) earnings per share (EPS) for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. Equities research analysts anticipate that Judges Scientific plc will post 402.5824271 earnings per share for the current fiscal year.

Judges Scientific Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on JDG. Berenberg Bank restated a “buy” rating and set a £106 ($135.45) price objective on shares of Judges Scientific in a report on Wednesday, March 26th. Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a research report on Wednesday, March 19th.

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.