Oxford Biomedica (LON:OXB) Posts Quarterly Earnings Results

Oxford Biomedica (LON:OXBGet Free Report) issued its quarterly earnings results on Wednesday. The biopharmaceutical company reported GBX (30.39) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Oxford Biomedica had a negative return on equity of 48.56% and a negative net margin of 17.85%.

Oxford Biomedica Stock Performance

Shares of LON OXB traded down GBX 10 during midday trading on Wednesday, hitting GBX 483. 650,515 shares of the stock traded hands, compared to its average volume of 1,106,726. The firm has a market capitalization of £584.66 million, a P/E ratio of -17.94 and a beta of 1.09. The company has a debt-to-equity ratio of 162.16, a quick ratio of 1.67 and a current ratio of 2.20. Oxford Biomedica has a one year low of GBX 420 and a one year high of GBX 952. The firm has a 50-day moving average of GBX 515.68 and a two-hundred day moving average of GBX 577.12.

Trending Headlines about Oxford Biomedica

Here are the key news stories impacting Oxford Biomedica this week:

Analyst Upgrades and Downgrades

OXB has been the topic of a number of analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 8.27 target price on shares of Oxford Biomedica in a research report on Tuesday, June 2nd. Royal Bank Of Canada restated an “outperform” rating and set a GBX 900 target price on shares of Oxford Biomedica in a report on Tuesday, September 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 595 price target on shares of Oxford Biomedica in a research note on Wednesday, September 2nd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 580.85.

View Our Latest Report on Oxford Biomedica

Oxford Biomedica Company Profile

(Get Free Report)

Oxford Biomedica (LSE: OXB) is a quality and innovation-led cell and gene therapy CDMO with a mission to enable its clients to deliver life changing therapies to patients around the world.

One of the original pioneers in cell and gene therapy, the Company has more than 25 years of experience in viral vectors; the driving force behind the majority of gene therapies. The Company collaborates with some of the world’s most innovative pharmaceutical and biotechnology companies, providing viral vector development and manufacturing expertise in lentivirus, adeno-associated virus (AAV) and adenoviral vectors.

Read More

Receive News & Ratings for Oxford Biomedica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Biomedica and related companies with MarketBeat.com's FREE daily email newsletter.