Oxford Instruments (OTCMKTS:OXINF) Share Price Passes Below 50-Day Moving Average - Here's Why

Key Points

• Oxford Instruments shares fell below their 50-day moving average of $25.96 during trading, reaching a low of $25.55.
• The stock traded at a volume of 127 shares and currently lies at $25.55.
• Oxford Instruments provides scientific technology products across various sectors, including Materials & Characterisation and Research & Discovery.

Oxford Instruments PLC (OTCMKTS:OXINF - Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.96 and traded as low as $25.55. Oxford Instruments shares last traded at $25.55, with a volume of 127 shares.

Oxford Instruments Price Performance

The firm has a 50-day moving average of $26.02 and a two-hundred day moving average of $24.91.

About Oxford Instruments

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.