Oxford Instruments (LON:OXIG) Sets New 1-Year Low – Here’s What Happened

Oxford Instruments plc (LON:OXIG) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 1,796 ($23.25) and last traded at GBX 1,802 ($23.32), with a volume of 4506845 shares trading hands. The stock had previously closed at GBX 1,856 ($24.02).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 95 ($1.23) price objective on shares of Oxford Instruments in a report on Thursday, February 20th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Oxford Instruments presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,978.75 ($25.61).

Oxford Instruments Price Performance

The business’s 50 day moving average price is GBX 1,967.96 and its 200-day moving average price is GBX 2,043.94. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 12.96. The company has a market cap of £1.02 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96.

Oxford Instruments Company Profile

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science.
Innovation is the driving force behind Oxford Instruments’ growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.