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

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

Judges Scientific Price Performance

Shares of Judges Scientific stock opened at GBX 6,428 ($82.86) on Monday. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. The firm has a fifty day simple moving average of GBX 7,536.75 and a 200-day simple moving average of GBX 8,403.06. The stock has a market capitalization of £422.01 million, a price-to-earnings ratio of 28.26, a PEG ratio of 0.56 and a beta of 0.83. Judges Scientific plc has a 1-year low of GBX 6,368.40 ($82.09) and a 1-year high of £122.50 ($157.90).

Judges Scientific (LON:JDG) last released its earnings results 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%. On average, sell-side analysts expect that Judges Scientific plc will post 402.5824271 earnings per share for the current year.

Judges Scientific Increases Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on JDG. Shore Capital restated a “house stock” rating on shares of Judges Scientific in a report on Wednesday, March 19th. Berenberg Bank restated a “buy” rating and set a £106 ($136.63) price target on shares of Judges Scientific in a research note 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.