Richard Tyson Sells 11,124 Shares of Oxford Instruments (LON:OXIG) Stock

Oxford Instruments plc (LON:OXIG) insider Richard Tyson sold 11,124 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of GBX 2,786, for a total transaction of £309,914.64.

Richard Tyson also recently made the following trade(s):

• On Friday, July 24th, Richard Tyson acquired 3,154 shares of Oxford Instruments stock. The shares were bought at an average price of GBX 3,044 per share, with a total value of £96,007.76.

Oxford Instruments Stock Performance

Shares of OXIG traded up GBX 45.72 during trading hours on Wednesday, reaching GBX 2,865.72. 12,421,141 shares of the company traded hands, compared to its average volume of 1,127,784. The stock has a market capitalization of £1.58 billion, a P/E ratio of 34.24, a P/E/G ratio of -3.56 and a beta of 1.11. The company has a quick ratio of 1.11, a current ratio of 1.83 and a debt-to-equity ratio of 13.08. Oxford Instruments plc has a 12-month low of GBX 1,682 and a 12-month high of GBX 3,318. The business has a fifty day moving average price of GBX 2,955.19 and a 200-day moving average price of GBX 2,755.55.

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. Oxford Instruments had a return on equity of 13.94% and a net margin of 11.39%.The company had revenue of £423.20 million during the quarter. Equities analysts anticipate that Oxford Instruments plc will post 117.7149452 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,590 target price on shares of Oxford Instruments in a research report on Wednesday, June 10th. Berenberg Bank lifted their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the company a “hold” rating in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Oxford Instruments presently has an average rating of “Moderate Buy” and an average price target of GBX 2,781.67.

Oxford Instruments Company Profile