Oxford Metrics (LON:OMG) Shares Pass Below 200-Day Moving Average - Here's Why

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 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 51.44 ($0.69) and traded as low as GBX 42.10 ($0.56). Oxford Metrics shares last traded at GBX 42.50 ($0.57), with a volume of 430,950 shares traded.

Oxford Metrics Stock Performance

The stock's 50-day moving average price is GBX 46.27 and its 200 day moving average price is GBX 51.09. The company has a debt-to-equity ratio of 4.77, a current ratio of 7.47 and a quick ratio of 6.42. The firm has a market capitalization of £51.01 million, a PE ratio of -2,866.67 and a beta of 0.92.

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

Oxford Metrics announced that its Board of Directors has authorized a stock buyback program on Thursday, July 10th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management 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.