Oxford Instruments (OTCMKTS:OXINF) Downgraded by Berenberg Bank to Hold

Berenberg Bank cut shares of Oxford Instruments (OTCMKTS:OXINF) from a strong-buy rating to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports.

Several other equities research analysts have also recently issued reports on OXINF. Jefferies Financial Group reissued a “hold” rating on shares of Oxford Instruments in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Oxford Instruments in a research report on Friday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Oxford Instruments Price Performance

OXINF opened at $39.00 on Monday. The company’s 50 day simple moving average is $34.16 and its 200 day simple moving average is $29.91. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.77 and a quick ratio of 1.34. Oxford Instruments has a 1 year low of $23.70 and a 1 year high of $41.80.

Oxford Instruments Company Profile

Oxford Instruments plc, founded in 1959 as a spin-out from the University of Oxford, is a leading developer and manufacturer of high-technology tools and systems for industry and research. Headquartered in Abingdon, Oxfordshire, the company leverages expertise in materials science, superconducting technology and precision engineering to deliver solutions that enable scientific discovery and industrial innovation.

The company’s offerings span a range of analytical and measurement techniques, including electron microscopy accessories, X-ray fluorescence and X-ray diffraction systems for materials characterization, as well as helium-free superconducting magnets for quantum research.