Oxford Instruments plc (LON:OXIG - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,841.58 ($24.89) and traded as high as GBX 1,876 ($25.36). Oxford Instruments shares last traded at GBX 1,830 ($24.74), with a volume of 48,868 shares changing hands.
Analyst Ratings Changes
OXIG has been the subject of several recent research reports. Berenberg Bank decreased their price objective on Oxford Instruments from GBX 2,600 to GBX 2,500 and set a "buy" rating for the company in a research note on Monday, July 14th. Shore Capital decreased their target price on Oxford Instruments from GBX 2,800 to GBX 2,600 and set a "buy" rating for the company in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of GBX 1,731.67.
View Our Latest Stock Report on Oxford Instruments
Oxford Instruments Stock Performance
The stock has a market cap of £1.08 billion, a PE ratio of 21.26, a PEG ratio of -3.56 and a beta of 0.96. The firm has a 50 day moving average of GBX 1,882.15 and a two-hundred day moving average of GBX 1,836.31. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11.
Oxford Instruments (LON:OXIG - Get Free Report) last released its quarterly earnings results on Friday, June 13th. The company reported GBX 112.40 EPS for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. Research analysts predict that Oxford Instruments plc will post 117.7149452 EPS for the current fiscal year.
Insiders Place Their Bets
In other Oxford Instruments news, insider Richard Tyson acquired 7,479 shares of the company's stock in a transaction that occurred on Thursday, July 24th. The shares were purchased at an average price of GBX 1,942 per share, with a total value of £145,242.18. Insiders acquired a total of 15,407 shares of company stock worth $29,569,147 over the last quarter. Corporate insiders own 4.98% of the company's stock.
About Oxford Instruments
(
Get Free Report)
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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