Oxford Metrics (LON:OMG) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Oxford Metrics shares have recently crossed below its 200-day moving average of GBX 51.69, indicating a potential bearish trend, as the stock traded as low as GBX 43.30.
• The company reported a net margin of 8.23% and a return on equity of 4.81%, alongside an EPS of GBX 0.12 for the latest quarter.
• Oxford Metrics' Board of Directors has approved a stock repurchase program, suggesting they believe the shares are undervalued.

Shares of Oxford Metrics plc (LON:OMG - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 51.69 ($0.70) and traded as low as GBX 43.30 ($0.59). Oxford Metrics shares last traded at GBX 43.90 ($0.59), with a volume of 631,632 shares changing hands.

Oxford Metrics Stock Performance

The firm has a market capitalization of £54.12 million, a PE ratio of 14.66 and a beta of 0.92. The company's 50-day simple moving average is GBX 47.59 and its 200 day simple moving average is GBX 51.58. The company has a quick ratio of 6.42, a current ratio of 7.47 and a debt-to-equity ratio of 4.77.

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

Oxford Metrics declared that its Board of Directors has approved a stock buyback plan on Thursday, July 10th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

About Oxford Metrics

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.