Oxford Instruments plc (LON:OXIG) Insider Gavin Hill Buys 7 Shares

Oxford Instruments plc (LON:OXIG - Get Free Report) insider Gavin Hill acquired 7 shares of the business's stock in a transaction on Monday, November 11th. The shares were purchased at an average price of GBX 2,122 ($27.31) per share, for a total transaction of £148.54 ($191.15).

Gavin Hill also recently made the following trade(s):

• On Thursday, October 10th, Gavin Hill purchased 7 shares of Oxford Instruments stock. The shares were purchased at an average cost of GBX 1,996 ($25.69) per share, for a total transaction of £139.72 ($179.80).
• On Tuesday, September 10th, Gavin Hill acquired 7 shares of Oxford Instruments stock. The stock was bought at an average price of GBX 2,184 ($28.10) per share, with a total value of £152.88 ($196.73).

Oxford Instruments Stock Down 4.5 %

LON OXIG traded down GBX 95 ($1.22) during trading on Tuesday, reaching GBX 2,035 ($26.19). 465,829 shares of the company's stock were exchanged, compared to its average volume of 99,414. The firm has a market capitalization of £1.18 billion, a PE ratio of 2,366.28, a P/E/G ratio of -3.56 and a beta of 0.96. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96. Oxford Instruments plc has a fifty-two week low of GBX 1,858 ($23.91) and a fifty-two week high of GBX 2,765 ($35.58). The company's fifty day simple moving average is GBX 2,103.83 and its 200-day simple moving average is GBX 2,309.71.

Oxford Instruments Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be issued a GBX 5.10 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 0.24%. Oxford Instruments's dividend payout ratio (DPR) is currently 2,441.86%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a "buy" rating on shares of Oxford Instruments in a research report on Wednesday, October 16th.

About Oxford Instruments

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations worldwide. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and Raman microscopy; deposition tools comprising plasma enhanced chemical vapour deposition, chemical vapour deposition, inductively coupled plasma chemical vapour deposition, atomic layer deposition, and ion beam deposition systems; and etch tools, including inductively coupled plasma etching, reactive ion etching, deep silicon etching, atomic layer etching, and ion beam etching systems.