Oxford Biomedica (LON:OXB) Posts Earnings Results

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

Oxford Biomedica Stock Performance

Shares of LON:OXB opened at GBX 481.50 on Wednesday. The business’s fifty day moving average price is GBX 515.68 and its two-hundred day moving average price is GBX 577.12. Oxford Biomedica has a fifty-two week low of GBX 420 and a fifty-two week high of GBX 952. The stock has a market capitalization of £582.85 million, a price-to-earnings ratio of -17.89 and a beta of 1.09. The company has a debt-to-equity ratio of 162.16, a current ratio of 2.20 and a quick ratio of 1.67.

Key Stories Impacting Oxford Biomedica

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on OXB

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.

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