Oxford Instruments plc (LON:OXIG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,873.35 ($25.18) and traded as high as GBX 1,990 ($26.74). Oxford Instruments shares last traded at GBX 1,933.83 ($25.99), with a volume of 144,967 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank dropped their price target on Oxford Instruments from GBX 2,600 ($34.94) to GBX 2,500 ($33.60) and set a "buy" rating for the company in a research report on Monday, July 14th.
View Our Latest Stock Analysis on OXIG
Oxford Instruments Price Performance
The company has a market capitalization of £1.10 billion, a price-to-earnings ratio of 21.67, 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. The company's 50 day simple moving average is GBX 1,883.56 and its 200-day simple moving average is GBX 1,869.93.
Oxford Instruments (LON:OXIG - Get Free Report) last announced its quarterly earnings data on Friday, June 13th. The company reported GBX 112.40 ($1.51) earnings per share (EPS) for the quarter. Oxford Instruments had a net margin of 10.78% and a return on equity of 14.14%. On average, equities research analysts predict that Oxford Instruments plc will post 117.7149452 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Oxford Instruments news, insider Richard Tyson purchased 7,479 shares of the stock in a transaction on Thursday, July 24th. The stock was bought at an average price of GBX 1,942 ($26.10) per share, for a total transaction of £145,242.18 ($195,191.75). Insiders bought 15,406 shares of company stock worth $29,567,647 in the last quarter. Corporate insiders own 4.98% of the company's stock.
Oxford Instruments Company Profile
(
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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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