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Judges Scientific Acquires Remaining Stake in Geotek do Brasil

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Judges Scientific Acquires Remaining Stake in Geotek do Brasil

TipRanks Cyber Monday Sale

Judges Scientific ( (GB:JDG) ) just unveiled an update.

Judges Scientific has announced the acquisition of the remaining minority shareholding in its subsidiary Geotek do Brasil, which operates the core digitalisation business in Brazil. This acquisition, valued at an initial BRL13m (£1.9m), is expected to be immediately earnings enhancing for the group, indicating a positive impact on Judges Scientific’s financial performance and strengthening its position in the scientific instrument sector.

The most recent analyst rating on (GB:JDG) stock is a Hold with a £5871.00 price target. To see the full list of analyst forecasts on Judges Scientific stock, see the GB:JDG Stock Forecast page.

Spark’s Take on GB:JDG Stock

According to Spark, TipRanks’ AI Analyst, GB:JDG is a Neutral.

Judges Scientific demonstrates strong financial management, particularly in cash flow and profitability, which supports its stability. However, technical indicators suggest a bearish trend, and the stock appears overvalued based on its P/E ratio. These factors combine to yield a moderate overall stock score.

To see Spark’s full report on GB:JDG stock, click here.

More about Judges Scientific

Judges Scientific plc is a group focused on acquiring and developing companies in the scientific instrument sector. The group consists of 25 businesses primarily based in the UK, with products sold worldwide to various markets including higher education institutions, scientific research facilities, manufacturers, and regulatory authorities. Known for its focus on global niche markets, Judges Scientific emphasizes long-term growth, resilient margins, and shareholder returns through debt reduction, organic growth, and dividends.

Average Trading Volume: 30,953

Technical Sentiment Signal: Sell

Current Market Cap: £379.1M

See more insights into JDG stock on TipRanks’ Stock Analysis page.

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