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

Shares of Oxford Instruments plc (LON:OXIG) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1,470 ($18.71) and last traded at GBX 1,500 ($19.09), with a volume of 2888509 shares. The stock had previously closed at GBX 1,590 ($20.24).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 95 ($1.21) price objective on shares of Oxford Instruments in a research report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,978.75 ($25.19).

Oxford Instruments Stock Performance

The firm has a market capitalization of £890.71 million, a price-to-earnings ratio of 17.52, a P/E/G ratio of -3.56 and a beta of 0.96. The stock’s fifty day moving average is GBX 1,912.93 and its two-hundred day moving average is GBX 2,021.91. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 12.96.

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.