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Oxford Biomedica (LON:OXB) Stock Price Crosses Above Fifty Day Moving Average - Should You Sell?

Oxford Biomedica logo with Medical background

Oxford Biomedica plc (LON:OXB - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 420.59 ($5.29) and traded as high as GBX 426 ($5.36). Oxford Biomedica shares last traded at GBX 421.50 ($5.30), with a volume of 43,576 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised their target price on Oxford Biomedica from GBX 250 ($3.15) to GBX 380 ($4.78) and gave the company a "hold" rating in a report on Tuesday, September 24th.

Read Our Latest Analysis on OXB

Oxford Biomedica Trading Down 0.8 %

The company's fifty day moving average is GBX 420.59 and its 200-day moving average is GBX 371.98. The company has a current ratio of 2.35, a quick ratio of 1.67 and a debt-to-equity ratio of 154.88. The firm has a market capitalization of £444.09 million, a P/E ratio of -292.71 and a beta of 1.09.

Oxford Biomedica Company Profile

(Get Free Report)

Oxford Biomedica plc, a contract development and manufacturing organization, focuses on delivering therapies to patients worldwide. Its s LentiVector platform technology is an advanced lentiviral vector based gene delivery system which is designed to overcome the safety and delivery problems associated with earlier generations of vector systems.

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