Judges Scientific (LON:JDG) Announces Quarterly Earnings Results

Judges Scientific (LON:JDG) released its quarterly earnings results on Wednesday. The company reported GBX 283.40 ($3.68) earnings per share for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%.

Judges Scientific Price Performance

Shares of LON:JDG opened at GBX 7,100 ($92.30) on Wednesday. The company has a market cap of £466.13 million, a P/E ratio of 31.21, a P/E/G 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 has a 52 week low of GBX 6,760 ($87.88) and a 52 week high of £122.50 ($159.26). The business has a fifty day simple moving average of GBX 7,528.77 and a 200-day simple moving average of GBX 8,675.05.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Berenberg Bank dropped their price target on Judges Scientific from £124 ($161.21) to £113.10 ($147.04) and set a “buy” rating for the company in a research report on Tuesday, November 19th. Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a research report on Wednesday.

Judges Scientific Company Profile

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.