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

Key Points

• Trading volume surged as 1,370 shares traded (a 135% increase vs. the prior session), with the stock last at $33.45 after a previous close of $34.39 (down about 2.7%).
• Analyst sentiment remains positive after Deutsche Bank reiterated a "Buy" and the stock's consensus rating on MarketBeat is "Buy."
• Balance-sheet and trend indicators look healthy — current ratio 1.77, quick ratio 1.34, debt-to-equity 0.07, and the 50-day ($32.27) is above the 200-day ($27.24) moving average.

Shares of Oxford Instruments PLC (OTCMKTS:OXINF - Get Free Report) saw strong trading volume on Wednesday . 1,370 shares traded hands during trading, an increase of 135% from the previous session's volume of 584 shares.The stock last traded at $33.45 and had previously closed at $34.39.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Oxford Instruments in a report on Friday, January 16th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy".

Oxford Instruments Stock Down 2.7%

The company has a current ratio of 1.77, a quick ratio of 1.34 and a debt-to-equity ratio of 0.07. The firm's 50-day moving average price is $32.27 and its 200 day moving average price is $27.24.

About Oxford Instruments

Oxford Instruments plc, founded in 1959 as a spin-out from the University of Oxford, is a leading developer and manufacturer of high-technology tools and systems for industry and research. Headquartered in Abingdon, Oxfordshire, the company leverages expertise in materials science, superconducting technology and precision engineering to deliver solutions that enable scientific discovery and industrial innovation.

The company's offerings span a range of analytical and measurement techniques, including electron microscopy accessories, X-ray fluorescence and X-ray diffraction systems for materials characterization, as well as helium-free superconducting magnets for quantum research.

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