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

Key Points

• Oxford Instruments' stock price has dropped below its 50-day moving average of $25.86, trading as low as $25.08 on Thursday.
• The company's current 200-day simple moving average stands at $24.85, indicating a broader trend in its stock performance.
• Oxford Instruments operates in scientific technology, providing products and services across three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare.

Oxford Instruments PLC (OTCMKTS:OXINF - )'s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $25.86 and traded as low as $25.08. Oxford Instruments shares last traded at $25.08, with a volume of 384 shares changing hands.

Oxford Instruments Stock Performance

The firm's 50 day simple moving average is $25.86 and its 200-day simple moving average 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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