Oxford Instruments (OTCMKTS:OXINF) Sets New 52-Week High – Time to Buy?

Oxford Instruments PLC (OTCMKTS:OXINF) shares reached a new 52-week high on Wednesday . The company traded as high as $35.50 and last traded at $35.50, with a volume of 250 shares. The stock had previously closed at $29.0750.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Oxford Instruments in a report on Friday, January 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Oxford Instruments Price Performance

The stock’s 50-day moving average is $28.95 and its 200-day moving average is $26.24. 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 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.