Oxford Metrics (LON:OMG) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Oxford Metrics plc (LON:OMG)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 91.66 ($1.19) and traded as low as GBX 57.20 ($0.74). Oxford Metrics shares last traded at GBX 58.90 ($0.76), with a volume of 175,539 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 155 ($2.01) target price on shares of Oxford Metrics in a research note on Monday, July 1st.

Oxford Metrics Stock Down 0.7 %

The company has a debt-to-equity ratio of 5.49, a current ratio of 6.64 and a quick ratio of 6.42. The company has a market capitalization of £76.76 million, a price-to-earnings ratio of 1,472.50 and a beta of 0.92. The firm’s fifty day moving average price is GBX 70.71 and its 200-day moving average price is GBX 91.43.

Oxford Metrics Company Profile

Oxford Metrics plc operates as a smart sensing and software company in the United Kingdom and internationally. It engages in the development, production, and sale of computer software and equipment for the engineering, entertainment, and life science markets. The company also provides sales, marketing, and customer support services.