Oxford Instruments (OTCMKTS:OXINF) Sets New 12-Month High – What’s Next?

Oxford Instruments PLC (OTCMKTS:OXINF) shares reached a new 52-week high on Wednesday . The stock traded as high as $35.50 and last traded at $35.50, with a volume of 250 shares traded. The stock had previously closed at $29.0750.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Oxford Instruments in a research report on Friday, January 16th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Oxford Instruments has an average rating of “Buy”.

Oxford Instruments Price Performance

The firm has a 50 day simple moving average of $28.95 and a two-hundred day simple moving average of $26.24. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.34 and a current ratio of 1.77.

Oxford Instruments Company Profile

Oxford Instruments plc, founded in 1959 as a spin-out from the University of Oxford, is a leading developer and manufacturer of high-technology tools and systems for industry and research. Headquartered in Abingdon, Oxfordshire, the company leverages expertise in materials science, superconducting technology and precision engineering to deliver solutions that enable scientific discovery and industrial innovation.

The company’s offerings span a range of analytical and measurement techniques, including electron microscopy accessories, X-ray fluorescence and X-ray diffraction systems for materials characterization, as well as helium-free superconducting magnets for quantum research.