Oxford Instruments (LON:OXIG) Hits New 52-Week Low – Should You Sell?

Oxford Instruments plc (LON:OXIG) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 1,470 ($18.78) and last traded at GBX 1,500 ($19.17), with a volume of 2888509 shares changing hands. The stock had previously closed at GBX 1,590 ($20.32).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 95 ($1.21) target price on shares of Oxford Instruments in a report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,978.75 ($25.28).

Oxford Instruments Trading Up 7.0 %

The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96. The firm has a market cap of £931.14 million, a P/E ratio of 18.31, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The company’s fifty day moving average price is GBX 1,868.91 and its two-hundred day moving average price is GBX 2,006.96.

About Oxford Instruments

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.