Oxford Instruments (OTCMKTS:OXINF) Shares Gap Up – Time to Buy?

Oxford Instruments PLC (OTCMKTS:OXINFGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $37.56, but opened at $39.7020. Oxford Instruments shares last traded at $40.35, with a volume of 706 shares trading hands.

Analysts Set New Price Targets

A number of research firms have recently weighed in on OXINF. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Oxford Instruments in a report on Wednesday, June 10th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Oxford Instruments in a research report on Tuesday, April 14th. Finally, Berenberg Bank lowered shares of Oxford Instruments from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Oxford Instruments currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on Oxford Instruments

Oxford Instruments Price Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 1.77 and a quick ratio of 1.34. The firm has a 50-day simple moving average of $39.06 and a two-hundred day simple moving average of $33.09.

About Oxford Instruments

(Get Free Report)

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.

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