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

Oxford Biomedica logo with Medical background

Oxford Biomedica plc (LON:OXB - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 421.03 ($5.25) and traded as high as GBX 427.50 ($5.33). Oxford Biomedica shares last traded at GBX 423 ($5.28), with a volume of 114,411 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their target price on shares of Oxford Biomedica from GBX 250 ($3.12) to GBX 380 ($4.74) and gave the stock a "hold" rating in a research note on Tuesday, September 24th.

View Our Latest Stock Analysis on Oxford Biomedica

Oxford Biomedica Stock Down 1.8 %

The business has a 50-day simple moving average of GBX 420.59 and a 200-day simple moving average of GBX 376.82. The company has a debt-to-equity ratio of 154.88, a quick ratio of 1.67 and a current ratio of 2.35. The company has a market cap of £437.77 million, a price-to-earnings ratio of -288.54 and a beta of 1.09.

About Oxford Biomedica

(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.

Further Reading

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