Oxford Metrics (LON:OMG) Share Price Crosses Below 200-Day Moving Average - Here's What Happened

Key Points

• Oxford Metrics plc's shares fell below their 200-day moving average during trading, reaching a low of GBX 42.10 ($0.57) compared to the moving average of GBX 51.44 ($0.69).
• The company's current ratio is 7.47, with a debt-to-equity ratio of 4.77 and a market capitalization of £52.25 million.
• Oxford Metrics has authorized a stock repurchase program, indicating the board's belief that the shares are undervalued.

Shares of Oxford Metrics plc (LON:OMG - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 51.44 ($0.69) and traded as low as GBX 42.10 ($0.57). Oxford Metrics shares last traded at GBX 42.50 ($0.57), with a volume of 430,950 shares traded.

Oxford Metrics Stock Down 1.2%

The company has a current ratio of 7.47, a quick ratio of 6.42 and a debt-to-equity ratio of 4.77. The stock has a market cap of £52.25 million, a P/E ratio of 14.16 and a beta of 0.92. The firm has a 50-day simple moving average of GBX 46.86 and a two-hundred day simple moving average of GBX 51.44.

Oxford Metrics (LON:OMG - Get Free Report) last posted its quarterly earnings data on Wednesday, June 18th. The company reported GBX 0.12 earnings per share for the quarter. Oxford Metrics had a return on equity of 4.81% and a net margin of 8.23%. Equities research analysts expect that Oxford Metrics plc will post 2.8794949 earnings per share for the current fiscal year.

Oxford Metrics declared that its board has authorized a stock repurchase program on Thursday, July 10th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Oxford Metrics Company Profile

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world's top 10 games companies and all of the top 20 universities worldwide.

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