Oxford Instruments plc (LON:OXIG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Oxford Instruments plc (LON:OXIG) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 2,281 ($28.40).

Separately, Shore Capital reissued a “buy” rating on shares of Oxford Instruments in a research note on Tuesday.

Oxford Instruments Price Performance

LON OXIG traded down GBX 46.10 ($0.57) during trading hours on Tuesday, reaching GBX 2,043.90 ($25.44). The company’s stock had a trading volume of 23,209 shares, compared to its average volume of 60,124. The stock has a market cap of £1.18 billion, a PE ratio of 1,975.73, a PEG ratio of -3.56 and a beta of 0.97. Oxford Instruments has a fifty-two week low of GBX 1,634 ($20.34) and a fifty-two week high of GBX 2,884.80 ($35.91). The company’s 50-day moving average is GBX 2,124.33 and its two-hundred day moving average is GBX 2,108.23. The company has a debt-to-equity ratio of 16.33, a quick ratio of 1.11 and a current ratio of 1.67.

About Oxford Instruments

Oxford Instruments plc designs and supplies technology products and services in Europe, North America, Asia, and internationally. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and raman microscopy; deposition and etch tools; low temperature systems; optical imaging; nuclear magnetic resonance, modular optical spectroscopy; and x-ray.