Oxford Instruments (LON:OXIG) Reaches New 12-Month Low - Time to Sell?

Shares of Oxford Instruments plc (LON:OXIG - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 1,796 ($23.22) and last traded at GBX 1,802 ($23.30), with a volume of 4506845 shares traded. The stock had previously closed at GBX 1,856 ($24.00).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 95 ($1.23) target price on shares of Oxford Instruments in a research note on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Oxford Instruments presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,978.75 ($25.59).

Oxford Instruments Stock Performance

The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11. The company has a 50 day simple moving average of GBX 1,967.96 and a 200-day simple moving average of GBX 2,042.98. The firm has a market cap of £993.53 million, a PE ratio of 19.54, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96.

Oxford Instruments Company Profile

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.