Oxford BioMedica plc (OXB) Releases Earnings Results

Oxford BioMedica plc (LON:OXB) issued its quarterly earnings results on Monday. The biopharmaceutical company reported $0.00 earnings per share for the quarter, Yahoo Finance Previews reports. Oxford BioMedica plc had a negative net margin of 21.31% and a negative return on equity of 56.98%.

Oxford BioMedica plc (LON:OXB) opened at 8.70 on Monday. Oxford BioMedica plc has a 1-year low of GBX 2.98 and a 1-year high of GBX 11.25. The stock’s market capitalization is GBX 268.68 million. The firm has a 50-day moving average of GBX 8.91 and a 200-day moving average of GBX 6.42.

A number of research analysts recently weighed in on OXB shares. N+1 Singer raised their price target on shares of Oxford BioMedica plc from GBX 8.70 ($0.11) to GBX 10.20 ($0.13) and gave the company a “hold” rating in a research note on Thursday, August 31st. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 13 ($0.17) price target on shares of Oxford BioMedica plc in a research note on Thursday, July 13th. Finally, Shore Capital reaffirmed a “not rated” rating on shares of Oxford BioMedica plc in a research note on Thursday, July 13th.

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In other Oxford BioMedica plc news, insider Peter Nolan bought 249,687 shares of Oxford BioMedica plc stock in a transaction on Monday, July 17th. The stock was purchased at an average cost of GBX 8 ($0.10) per share, for a total transaction of £19,974.96 ($25,797.44). Also, insider Martin Diggle sold 2,377,600 shares of Oxford BioMedica plc stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of GBX 10 ($0.13), for a total transaction of £237,760 ($307,064.45). Insiders acquired 1,278,720 shares of company stock valued at $11,062,661 over the last quarter.

Oxford BioMedica plc Company Profile

Oxford BioMedica plc is a gene and cell therapy company. The Company is engaged in lentiviral vector and cell therapy research, development and production. The Company’s segments include Partnering, and R&D. The Partnering segment provides lentiviral vector bioprocessing and process development services to partners.

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