Oxford Instruments (OTCMKTS:OXINF) Shares Gap Up - Here's Why

Key Points

• Shares of Oxford Instruments gapped up from $23.95 to $26.95 prior to trading on Friday, indicating a significant increase in demand.
• The stock is currently trading at a volume of 1,040 shares, with a 50-day moving average price of $25.69.
• Oxford Instruments provides a range of scientific technology products and services across three main segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare.

Shares of Oxford Instruments PLC (OTCMKTS:OXINF - ) gapped up prior to trading on Friday . The stock had previously closed at $23.95, but opened at $26.95. Oxford Instruments shares last traded at $26.95, with a volume of 1,040 shares changing hands.

Oxford Instruments Stock Performance

The stock's 50 day moving average price is $25.69 and its two-hundred day moving average price is $24.85.

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.

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