Key Points
- Insider Richard Tyson bought 65 Oxford Instruments shares at GBX 2,731 each, for a total of £1,775.15. This follows a larger purchase of 3,154 shares in July and a sale of 11,124 shares later that month.
- Oxford Instruments shares opened at GBX 2,610, down 5.4%, and were trading below both their 50-day and 200-day moving averages. The company has a £1.43 billion market capitalization and a 52-week range of GBX 1,682 to GBX 3,318.
- Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of GBX 2,883.33; JPMorgan recently raised its target to GBX 3,400 and maintained an “overweight” rating.
Oxford Instruments plc (LON:OXIG - Get Free Report) insider Richard Tyson purchased 65 shares of Oxford Instruments stock in a transaction on Thursday, September 10th. The stock was bought at an average cost of GBX 2,731 per share, with a total value of £1,775.15.
Richard Tyson also recently made the following trade(s):
- On Friday, July 31st, Richard Tyson sold 11,124 shares of Oxford Instruments stock. The stock was sold at an average price of GBX 2,786, for a total value of £309,914.64.
- On Friday, July 24th, Richard Tyson acquired 3,154 shares of Oxford Instruments stock. The shares were bought at an average cost of GBX 3,044 per share, for a total transaction of £96,007.76.
Oxford Instruments Stock Down 5.4%
Shares of OXIG stock opened at GBX 2,610 on Tuesday. The stock's 50 day simple moving average is GBX 2,831.31 and its 200 day simple moving average is GBX 2,815.97. The company has a debt-to-equity ratio of 13.08, a quick ratio of 1.11 and a current ratio of 1.83. Oxford Instruments plc has a twelve month low of GBX 1,682 and a twelve month high of GBX 3,318. The company has a market capitalization of £1.43 billion, a price-to-earnings ratio of 31.18, a PEG ratio of -3.56 and a beta of 1.09.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on OXIG. JPMorgan Chase & Co. lifted their price target on shares of Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the company an "overweight" rating in a research report on Thursday, September 10th. Berenberg Bank upped their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a "hold" rating in a report on Monday, May 18th. Finally, Jefferies Financial Group raised their target price on shares of Oxford Instruments from GBX 2,590 to GBX 3,000 and gave the company a "hold" rating in a research note on Thursday, September 10th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 2,883.33.
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