Oxford Instruments (LON:OXIG) Hits New 52-Week Low – Here’s What Happened

Oxford Instruments plc (LON:OXIG) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 1,796 ($23.12) and last traded at GBX 1,802 ($23.20), with a volume of 4506845 shares changing hands. The stock had previously closed at GBX 1,856 ($23.90).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 95 ($1.22) target price 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 assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,978.75 ($25.48).

Oxford Instruments Stock Performance

The stock has a market capitalization of £1.04 billion, a P/E ratio of 20.47, a PEG ratio of -3.56 and a beta of 0.96. The stock’s 50-day simple moving average is GBX 1,978.52 and its 200 day simple moving average is GBX 2,048.32. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11.

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.