Judges Scientific (LON:JDG) Issues Quarterly Earnings Results

Judges Scientific (LON:JDG) issued its earnings results on Wednesday. The company reported GBX 222.50 ($2.93) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 212.90 ($2.80) by GBX 9.60 ($0.13), Digital Look Earnings reports.

Shares of JDG stock traded up GBX 135 ($1.78) during trading hours on Friday, hitting GBX 3,960 ($52.09). 10,952 shares of the company’s stock traded hands, compared to its average volume of 6,223. The stock’s 50 day simple moving average is GBX 5,101.20 and its 200 day simple moving average is GBX 4,759.92. The stock has a market cap of $247.27 million and a PE ratio of 23.09. Judges Scientific has a 12 month low of GBX 2,050 ($26.97) and a 12 month high of GBX 6,060 ($79.72). The company has a quick ratio of 1.68, a current ratio of 2.30 and a debt-to-equity ratio of 43.94.

The firm also recently declared a dividend, which will be paid on Friday, July 3rd. Stockholders of record on Thursday, June 4th will be paid a dividend of GBX 35 ($0.46) per share. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, June 4th. Judges Scientific’s payout ratio is currently 0.25%.

In other Judges Scientific news, insider Bradley Leonard Ormsby sold 19,000 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of GBX 4,975 ($65.44), for a total value of £945,250 ($1,243,422.78).

Separately, Liberum Capital decreased their price target on shares of Judges Scientific from GBX 5,400 ($71.03) to GBX 4,450 ($58.54) and set a “buy” rating on the stock in a research note on Wednesday.

About Judges Scientific

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company operates in two segments, Materials Sciences Group and Vacuum Group. It offers equipment for engineering education and research used at universities, colleges, schools, and research centers; and research and development systems, primarily for the food, beverage, dairy, edible oil, and pharmaceutical industries.

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