Oxford Metrics (LON:OMG) Shares Cross Below 200-Day Moving Average - Time to Sell?

Key Points

• Oxford Metrics plc shares have fallen below their 200-day moving average of GBX 51.97, indicating potential bearish sentiment in the market.
• The company has a market capitalization of £56.48 million, a price-to-earnings ratio of 15.30, and recently reported earnings per share (EPS) of GBX 0.12.
• Oxford Metrics' Board of Directors has approved a share repurchase program, suggesting management believes the stock is currently undervalued.

Oxford Metrics plc (LON:OMG - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 51.97 ($0.70) and traded as low as GBX 44.50 ($0.60). Oxford Metrics shares last traded at GBX 45.40 ($0.61), with a volume of 441,228 shares changing hands.

Oxford Metrics Trading Up 3.6%

The company has a fifty day simple moving average of GBX 49.89 and a 200-day simple moving average of GBX 51.87. 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 £56.73 million, a price-to-earnings ratio of 15.37 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 ($0.00) 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 forecast that Oxford Metrics plc will post 2.8794949 earnings per share for the current fiscal year.

Oxford Metrics announced that its board has approved a stock buyback plan 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. Shares repurchase plans are often a sign 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.