Ralph Elman Sells 25,791 Shares of Judges Scientific plc (LON:JDG) Stock

Judges Scientific plc (LON:JDG) insider Ralph Elman sold 25,791 shares of Judges Scientific stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of GBX 9,400 ($125.74), for a total value of £2,424,354 ($3,242,849.12).

Judges Scientific Stock Performance

Shares of JDG stock opened at GBX 9,920 ($132.69) on Friday. The business has a 50 day simple moving average of £102.06 and a 200 day simple moving average of £106.29. 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 £658.69 million, a price-to-earnings ratio of 5,252.63, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. Judges Scientific plc has a 12-month low of GBX 7,300 ($97.65) and a 12-month high of £122.50 ($163.86).

Judges Scientific Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 10th will be paid a GBX 29.70 ($0.40) dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 0.29%. Judges Scientific’s payout ratio is 5,157.89%.

Analyst Ratings Changes

JDG has been the subject of a number of analyst reports. Berenberg Bank restated a “buy” rating and set a £124 ($165.86) price objective on shares of Judges Scientific in a research note on Thursday, September 19th. Jefferies Financial Group assumed coverage on shares of Judges Scientific in a research report on Tuesday, September 3rd. They set a “buy” rating and a £122.30 ($163.59) price target for the company. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th.

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.