Oxford Metrics (LON:OMG) Share Price Passes Below 200-Day Moving Average - Here's What Happened

Shares of Oxford Metrics plc (LON:OMG - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 71.79 ($0.88) and traded as low as GBX 53.36 ($0.65). Oxford Metrics shares last traded at GBX 53.60 ($0.66), with a volume of 110,451 shares.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Canaccord Genuity Group cut their price objective on Oxford Metrics from GBX 105 ($1.29) to GBX 100 ($1.22) and set a "buy" rating on the stock in a report on Thursday, December 5th. Canaccord Genuity Group reduced their target price on shares of Oxford Metrics from GBX 105 ($1.29) to GBX 100 ($1.22) and set a "buy" rating for the company in a research note on Thursday, December 5th.

Oxford Metrics Stock Performance

The company has a market capitalization of £69.93 million, a price-to-earnings ratio of 1,330.00 and a beta of 0.92. The company has a current ratio of 6.64, a quick ratio of 6.42 and a debt-to-equity ratio of 5.49. The stock's 50 day moving average price is GBX 58.97 and its 200 day moving average price is GBX 71.46.

Oxford Metrics Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Thursday, December 12th will be paid a dividend of GBX 3.25 ($0.04) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a dividend yield of 5.42%. This is a boost from Oxford Metrics's previous dividend of $2.75. Oxford Metrics's dividend payout ratio is currently 7,500.00%.

Insider Activity at Oxford Metrics

In other Oxford Metrics news, insider Ian Wilcock bought 20,000 shares of Oxford Metrics stock in a transaction dated Tuesday, October 29th. The stock was bought at an average cost of GBX 56 ($0.69) per share, for a total transaction of £11,200 ($13,708.69). 11.47% of the stock is owned by company insiders.

Oxford Metrics Company Profile

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world's top 10 games companies and all of the top 20 universities worldwide.