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

Key Points

• Oxford Metrics plc's stock price fell below its 200-day moving average of GBX 52.25, trading as low as GBX 45.08.
• The company's recent earnings report revealed an earnings per share of GBX 0.12 with a net margin of 8.23% and a return on equity of 4.81%.
• On July 10, Oxford Metrics announced a share repurchase plan, which typically indicates that the board sees the stock as undervalued.

Oxford Metrics plc (LON:OMG - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 52.25 ($0.69) and traded as low as GBX 45.08 ($0.60). Oxford Metrics shares last traded at GBX 46.20 ($0.61), with a volume of 1,254,811 shares traded.

Oxford Metrics Stock Performance

The firm has a market capitalization of £56.86 million, a P/E ratio of 15.40 and a beta of 0.92. The stock has a 50-day moving average of GBX 51.52 and a 200 day moving average of GBX 52.14. The company has a debt-to-equity ratio of 4.77, a quick ratio of 6.42 and a current ratio of 7.47.

Oxford Metrics (LON:OMG - Get Free Report) last posted its quarterly earnings data on Wednesday, June 18th. The company reported GBX 0.12 ($0.00) 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, research analysts anticipate that Oxford Metrics plc will post 2.8794949 earnings per share for the current year.

Oxford Metrics declared that its board has initiated a stock repurchase program on Thursday, July 10th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board 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.