Oxford Instruments (OTCMKTS:OXINF) Hits New 1-Year High – Here’s What Happened

Shares of Oxford Instruments PLC (OTCMKTS:OXINF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $36.00 and last traded at $36.00, with a volume of 900 shares. The stock had previously closed at $35.50.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated 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, the company presently has an average rating of “Buy”.

Oxford Instruments Trading Down 4.5%

The company has a current ratio of 1.77, a quick ratio of 1.34 and a debt-to-equity ratio of 0.07. The stock’s 50 day moving average is $30.36 and its 200 day moving average is $26.67.

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.