Oxford Instruments (LON:OXIG) Reaches New 1-Year Low - What's Next?

Oxford Instruments plc (LON:OXIG - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as GBX 1,850 ($23.91) and last traded at GBX 1,966.60 ($25.42), with a volume of 351 shares. The stock had previously closed at GBX 1,910 ($24.69).

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 95 ($1.23) price target on shares of Oxford Instruments in a research report on Thursday, February 20th. Berenberg Bank dropped their target price on shares of Oxford Instruments from GBX 2,925 ($37.81) to GBX 2,830 ($36.58) and set a "buy" rating for the company in a research report on Tuesday, November 12th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,978.75 ($25.58).

Oxford Instruments Stock Performance

The stock has a 50 day simple moving average of GBX 2,028.94 and a 200 day simple moving average of GBX 2,083.49. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 12.96. The company has a market cap of £1.06 billion, a price-to-earnings ratio of 20.92, a PEG ratio of -3.56 and a beta of 0.96.

About Oxford Instruments

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science. Innovation is the driving force behind Oxford Instruments' growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.