Oxford Instruments plc (LON:OXIG) Insider Acquires £160.08 in Stock

Oxford Instruments plc (LON:OXIG) insider Gavin Hill bought 8 shares of the firm’s stock in a transaction on Friday, January 10th. The stock was bought at an average cost of GBX 2,001 ($24.49) per share, for a total transaction of £160.08 ($195.94).

Gavin Hill also recently made the following trade(s):

• On Monday, November 11th, Gavin Hill purchased 7 shares of Oxford Instruments stock. The shares were acquired at an average cost of GBX 2,122 ($25.97) per share, for a total transaction of £148.54 ($181.81).

Oxford Instruments Stock Up 2.6 %

OXIG stock opened at GBX 2,010 ($24.60) on Thursday. The company’s 50 day moving average price is GBX 2,084.87 and its 200 day moving average price is GBX 2,190.95. The company has a debt-to-equity ratio of 12.96, a quick ratio of 1.11 and a current ratio of 1.64. Oxford Instruments plc has a fifty-two week low of GBX 1,870 ($22.89) and a fifty-two week high of GBX 2,765 ($33.84). The firm has a market capitalization of £1.17 billion, a price-to-earnings ratio of 2,337.21, a PEG ratio of -3.56 and a beta of 0.96.

Oxford Instruments Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, November 28th were paid a GBX 5.10 ($0.06) dividend. The ex-dividend date was Thursday, November 28th. This represents a yield of 0.24%. Oxford Instruments’s dividend payout ratio is currently 2,441.86%.

Wall Street Analyst Weigh In

OXIG has been the topic of several research reports. Shore Capital reissued a “buy” rating on shares of Oxford Instruments in a research report on Wednesday, October 16th. Berenberg Bank reduced their price target on shares of Oxford Instruments from GBX 2,925 ($35.80) to GBX 2,830 ($34.64) and set a “buy” rating on the stock in a research report on Tuesday, November 12th.

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.