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Oxford Instruments (OTCMKTS:OXINF) Sees Strong Trading Volume - Here's Why

Oxford Instruments logo with Computer and Technology background

Key Points

  • Oxford Instruments PLC experienced a significant surge in trading volume, with about 1,200 shares traded, marking an increase of 268% from the previous session.
  • The stock is currently trading at $24.90, slightly up from its previous close of $24.85, while its 50-day moving average is $25.32.
  • Oxford Instruments provides scientific technology products and services across three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare.
  • MarketBeat previews the top five stocks to own by November 1st.

Oxford Instruments PLC (OTCMKTS:OXINF - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,200 shares traded hands during trading, an increase of 268% from the previous session's volume of 326 shares.The stock last traded at $24.90 and had previously closed at $24.85.

Oxford Instruments Price Performance

The stock's 50 day moving average price is $25.32 and its 200-day moving average price is $24.77. The company has a quick ratio of 1.27, a current ratio of 1.81 and a debt-to-equity ratio of 0.07.

About Oxford Instruments

(Get Free Report)

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.

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