Judges Scientific (LON:JDG) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Judges Scientific plc (LON:JDG) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 9,708.07 ($120.60) and traded as low as GBX 8,600 ($106.83). Judges Scientific shares last traded at GBX 8,723 ($108.36), with a volume of 7,017 shares traded.

Analyst Upgrades and Downgrades

JDG has been the subject of several research analyst reports. Shore Capital restated a “house stock” rating on shares of Judges Scientific in a research report on Thursday, September 19th. Berenberg Bank lowered their price target on Judges Scientific from £124 ($154.04) to £113.10 ($140.50) and set a “buy” rating for the company in a report on Tuesday, November 19th.

Judges Scientific Stock Up 1.2 %

The company has a market capitalization of £579.21 million, a P/E ratio of 4,567.02, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 70.71, a quick ratio of 0.65 and a current ratio of 1.97. The firm’s fifty day moving average is GBX 8,921.11 and its 200-day moving average is GBX 9,705.68.

Insider Activity

In other Judges Scientific news, insider David Cicurel purchased 3 shares of the firm’s stock in a transaction on Monday, October 7th. The stock was purchased at an average cost of GBX 9,923 ($123.27) per share, for a total transaction of £297.69 ($369.80). Also, insider Bradley Leonard Ormsby sold 230 shares of Judges Scientific stock in a transaction on Thursday, October 17th. The stock was sold at an average price of GBX 8,900 ($110.56), for a total transaction of £20,470 ($25,428.57). In the last ninety days, insiders bought 6 shares of company stock worth $57,327. Insiders own 18.75% of the company’s stock.

Judges Scientific Company Profile

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.