Oxford Instruments (LON:OXIG) Insider Acquires 2,335 Shares of Stock

Oxford Instruments plc (LON:OXIG) insider Paul Fry purchased 2,335 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was acquired at an average price of GBX 3,044 per share, for a total transaction of £71,077.40.

Oxford Instruments Price Performance

Shares of LON:OXIG traded down GBX 102 on Tuesday, reaching GBX 2,850. 265,289 shares of the company traded hands, compared to its average volume of 1,042,963. Oxford Instruments plc has a fifty-two week low of GBX 1,682 and a fifty-two week high of GBX 3,318. The company’s 50 day moving average is GBX 2,987.13 and its 200-day moving average is GBX 2,730.72. The stock has a market capitalization of £1.57 billion, a PE ratio of 34.05, a P/E/G ratio of -3.56 and a beta of 1.11. The company has a debt-to-equity ratio of 13.08, a current ratio of 1.83 and a quick ratio of 1.11.

Oxford Instruments (LON:OXIG) last issued its earnings results on Tuesday, June 9th. The company reported GBX 100.70 earnings per share (EPS) for the quarter. The business had revenue of £423.20 million for the quarter. Oxford Instruments had a return on equity of 13.94% and a net margin of 11.39%. As a group, analysts anticipate that Oxford Instruments plc will post 117.7149452 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on OXIG. JPMorgan Chase & Co. boosted their price objective on Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Jefferies Financial Group restated a “hold” rating and issued a GBX 2,590 price target on shares of Oxford Instruments in a research report on Wednesday, June 10th. Finally, Berenberg Bank lifted their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a “hold” rating in a research report on Monday, May 18th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,781.67.

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