Insider Buying: Oxford Instruments (LON:OXIG) Insider Acquires £96,007.76 in Stock

Oxford Instruments plc (LON:OXIG – Get Free Report) insider Richard Tyson bought 3,154 shares of the stock in a transaction on Friday, July 24th. The shares were purchased at an average price of GBX 3,044 per share, with a total value of £96,007.76.

Oxford Instruments Stock Down 3.5%

Shares of OXIG traded down GBX 102 during midday trading on Tuesday, hitting GBX 2,850. The stock had a trading volume of 265,289 shares, compared to its average volume of 1,042,963. The firm has a market cap of £1.57 billion, a price-to-earnings ratio of 34.05, a price-to-earnings-growth ratio of -3.56 and a beta of 1.11. The company has a 50 day simple moving average of GBX 2,987.13 and a two-hundred day simple moving average of GBX 2,730.72. 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 debt-to-equity ratio of 13.08, a current ratio of 1.83 and a quick ratio of 1.11.

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Oxford Instruments (LON:OXIG – Get Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The company reported GBX 100.70 earnings per share for the quarter. Oxford Instruments had a return on equity of 13.94% and a net margin of 11.39%.The company had revenue of £423.20 million during the quarter. On average, analysts anticipate that Oxford Instruments plc will post 117.7149452 EPS for the current year.

Wall Street Analyst Weigh In

OXIG has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a report on Wednesday, April 15th. Jefferies Financial Group reissued a “hold” rating and set a GBX 2,590 price target on shares of Oxford Instruments in a research report on Wednesday, June 10th. JPMorgan Chase & Co. increased their price objective on shares of Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Finally, Berenberg Bank lifted their target price on Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the company a “hold” rating in a research report on Monday, May 18th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Oxford Instruments has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,781.67.

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