Oxford Instruments (LON:OXIG) Shares Cross Above 200-Day Moving Average - Should You Sell?

Key Points

• Oxford Instruments shares moved above their 200-day moving average, reaching GBX 2,855.89 before closing at GBX 2,829.39 on substantial volume.
• Analysts remain moderately positive, with four Buy ratings and two Holds. The consensus rating is “Moderate Buy,” while the average target price is GBX 2,781.67—below the latest share price.
• The company reported quarterly EPS of GBX 100.70 on revenue of £423.20 million, with a 13.94% return on equity and an 11.39% net margin. Recent insider activity was mixed: one insider sold shares worth about £309,915, while another bought approximately £71,077.

Oxford Instruments plc (LON:OXIG - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,799 and traded as high as GBX 2,855.89. Oxford Instruments shares last traded at GBX 2,829.39, with a volume of 6,226,356 shares.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on OXIG shares. Berenberg Bank raised their price target on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a "hold" rating in a research note on Monday, May 18th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 2,590 price objective on shares of Oxford Instruments in a research note on Wednesday, June 10th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the company an "overweight" rating in a report on Wednesday, June 10th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 2,781.67.

Oxford Instruments Price Performance

The stock has a 50-day simple moving average of GBX 2,901.05 and a 200 day simple moving average of GBX 2,799. The company has a market cap of £1.56 billion, a PE ratio of 33.80, a P/E/G ratio of -3.56 and a beta of 1.09. The company has a quick ratio of 1.11, a current ratio of 1.83 and a debt-to-equity ratio of 13.08.

Oxford Instruments (LON:OXIG - Get Free Report) last released its quarterly earnings results on Tuesday, June 9th. The company reported GBX 100.70 earnings per share for the quarter. The business had revenue of £423.20 million during the quarter. Oxford Instruments had a return on equity of 13.94% and a net margin of 11.39%. Equities analysts expect that Oxford Instruments plc will post 117.7149452 EPS for the current year.

Insider Activity

In other news, insider Richard Tyson sold 11,124 shares of the business's stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of GBX 2,786, for a total value of £309,914.64. Also, insider Paul Fry acquired 2,335 shares of the firm's stock in a transaction dated Friday, July 24th. The stock was bought at an average price of GBX 3,044 per share, for a total transaction of £71,077.40. Company insiders own 1.50% of the company's stock.

Oxford Instruments Company Profile

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