Insider Buying: Oxford Instruments plc (LON:OXIG) Insider Acquires £156.16 in Stock

Oxford Instruments plc (LON:OXIG) insider Richard Tyson bought 8 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was purchased at an average price of GBX 1,952 ($24.30) per share, with a total value of £156.16 ($194.37).

Oxford Instruments Stock Performance

Shares of OXIG opened at GBX 1,986 ($24.72) on Thursday. Oxford Instruments plc has a one year low of GBX 1,864.48 ($23.21) and a one year high of GBX 2,765 ($34.42). The company has a 50-day moving average of GBX 2,075.31 and a two-hundred day moving average of GBX 2,129.50. The stock has a market cap of £1.15 billion, a price-to-earnings ratio of 2,309.30, a PEG ratio of -3.56 and a beta of 0.96. 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 (LON:OXIG) last posted its earnings results on Tuesday, November 12th. The company reported GBX 44.70 ($0.56) earnings per share (EPS) for the quarter. Oxford Instruments had a net margin of 10.78% and a return on equity of 14.29%. On average, equities research analysts expect that Oxford Instruments plc will post 117.7149452 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have commented on OXIG. Berenberg Bank reduced their price objective on shares of Oxford Instruments from GBX 2,925 ($36.41) to GBX 2,830 ($35.23) and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Shore Capital reaffirmed a “buy” rating on shares of Oxford Instruments in a report on Wednesday, October 16th.

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.