Oxford Instruments (OTCMKTS:OXINF) Sees Strong Trading Volume - Still a Buy?

Key Points

• Oxford Instruments experienced a trading volume increase of 272% compared to the previous session, with approximately 1,071 shares changing hands.
• The stock price declined by 5.1%, closing at $25.59 after a previous close of $26.95.
• The company's fifty-day moving average is $25.68, while the 200-day moving average stands at $24.83.

Oxford Instruments PLC (OTCMKTS:OXINF - Get Free Report) shares saw strong trading volume on Monday . 1,071 shares traded hands during trading, an increase of 272% from the previous session's volume of 288 shares.The stock last traded at $25.59 and had previously closed at $26.95.

Oxford Instruments Trading Down 5.1%

The company's 50-day moving average is $25.64 and its 200-day moving average is $24.83.

Oxford Instruments Company Profile

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations worldwide. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and Raman microscopy; deposition tools comprising plasma enhanced chemical vapour deposition, chemical vapour deposition, inductively coupled plasma chemical vapour deposition, atomic layer deposition, and ion beam deposition systems; and etch tools, including inductively coupled plasma etching, reactive ion etching, deep silicon etching, atomic layer etching, and ion beam etching systems.