Judges Scientific (LON:JDG) Reaches New 52-Week Low – Here’s What Happened

Judges Scientific plc (LON:JDG) shares reached a new 52-week low on Monday . The company traded as low as GBX 7,300 ($88.79) and last traded at GBX 7,540 ($91.71), with a volume of 2822 shares traded. The stock had previously closed at GBX 7,360 ($89.52).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their price target on shares of Judges Scientific from £124 ($150.81) to £113.10 ($137.56) and set a “buy” rating on the stock in a research note on Tuesday, November 19th.

Judges Scientific Trading Up 2.3 %

The stock has a market capitalization of £500.06 million, a P/E ratio of 3,942.93, a P/E/G ratio of 0.56 and a beta of 0.83. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.71. The business has a 50-day moving average price of GBX 8,620.21 and a two-hundred day moving average price of GBX 9,565.29.

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.