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

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) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 51.69 ($0.70) and traded as low as GBX 43.30 ($0.58). Oxford Metrics shares last traded at GBX 43.90 ($0.59), with a volume of 631,632 shares.

Oxford Metrics Price Performance

The company has a market capitalization of £54.12 million, a PE ratio of 14.66 and a beta of 0.92. The stock has a 50 day moving average price of GBX 47.30 and a two-hundred day moving average price of GBX 51.56. 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 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%. Equities analysts forecast that Oxford Metrics plc will post 2.8794949 earnings per share for the current year.

Oxford Metrics announced that its Board of Directors has initiated a share repurchase program on Thursday, July 10th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's leadership 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.