Shares of Oxford Instruments plc (LON:OXIG - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,868.05 ($24.79) and traded as high as GBX 1,886 ($25.03). Oxford Instruments shares last traded at GBX 1,834 ($24.34), with a volume of 135,227 shares.
Analysts Set New Price Targets
A number of research analysts have recently commented on OXIG shares. Shore Capital lowered their price objective on Oxford Instruments from GBX 2,800 ($37.16) to GBX 2,600 ($34.51) and set a "buy" rating on the stock in a report on Thursday. Berenberg Bank decreased their target price on Oxford Instruments from GBX 2,600 ($34.51) to GBX 2,500 ($33.18) and set a "buy" rating for the company in a research note on Monday, July 14th.
View Our Latest Research Report on Oxford Instruments
Oxford Instruments Price Performance
The stock has a fifty day moving average of GBX 1,882.97 and a two-hundred day moving average of GBX 1,864.66. The stock has a market capitalization of £1.03 billion, a price-to-earnings ratio of 20.31, a PEG ratio of -3.56 and a beta of 0.96. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96.
Oxford Instruments (LON:OXIG - Get Free Report) last released its quarterly earnings results on Friday, June 13th. The company reported GBX 112.40 ($1.49) earnings per share for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. As a group, equities research analysts forecast that Oxford Instruments plc will post 117.7149452 earnings per share for the current year.
Insider Activity at Oxford Instruments
In related news, insider Richard Tyson acquired 7,479 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The stock was acquired at an average cost of GBX 1,942 ($25.78) per share, with a total value of £145,242.18 ($192,782.29). Over the last ninety days, insiders acquired 15,406 shares of company stock valued at $29,567,647. 4.98% of the stock is currently owned by company insiders.
About Oxford Instruments
(
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Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science.
Innovation is the driving force behind Oxford Instruments' growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.
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