Oxford Biomedica (LON:OXB) Releases Earnings Results

Oxford Biomedica (LON:OXBGet Free Report) released its quarterly earnings data on Wednesday. The biopharmaceutical company reported GBX (30.39) earnings per share for the quarter, Digital Look Earnings reports. Oxford Biomedica had a negative return on equity of 48.56% and a negative net margin of 17.85%.

Oxford Biomedica Stock Down 2.5%

Shares of LON OXB opened at GBX 480.50 on Wednesday. The company’s 50 day moving average price is GBX 515.68 and its 200-day moving average price is GBX 577.12. The company has a debt-to-equity ratio of 162.16, a quick ratio of 1.67 and a current ratio of 2.20. Oxford Biomedica has a 52-week low of GBX 420 and a 52-week high of GBX 952. The company has a market capitalization of £581.64 million, a P/E ratio of -17.85 and a beta of 1.09.

More Oxford Biomedica News

Here are the key news stories impacting Oxford Biomedica this week:

Analyst Ratings Changes

OXB has been the subject of several recent research reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 8.27 price target on shares of Oxford Biomedica in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 595 price target on shares of Oxford Biomedica in a report on Wednesday, September 2nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 900 price objective on shares of Oxford Biomedica in a research note on Tuesday, September 1st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 580.85.

Get Our Latest Stock Analysis on Oxford Biomedica

Oxford Biomedica Company Profile

(Get Free Report)

Oxford Biomedica (LSE: OXB) is a quality and innovation-led cell and gene therapy CDMO with a mission to enable its clients to deliver life changing therapies to patients around the world.

One of the original pioneers in cell and gene therapy, the Company has more than 25 years of experience in viral vectors; the driving force behind the majority of gene therapies. The Company collaborates with some of the world’s most innovative pharmaceutical and biotechnology companies, providing viral vector development and manufacturing expertise in lentivirus, adeno-associated virus (AAV) and adenoviral vectors.

Recommended Stories

Receive News & Ratings for Oxford Biomedica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Biomedica and related companies with MarketBeat.com's FREE daily email newsletter.