Oxford Instruments (LON:OXIG) Insider Buys £1,802.46 in Stock

Oxford Instruments plc (LON:OXIG) insider Paul Fry bought 66 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was bought at an average price of GBX 2,731 per share, with a total value of £1,802.46.

Paul Fry also recently made the following trade(s):

• On Friday, July 24th, Paul Fry purchased 2,335 shares of Oxford Instruments stock. The shares were bought at an average price of GBX 3,044 per share, for a total transaction of £71,077.40.

Oxford Instruments Trading Up 3.6%

Shares of OXIG stock opened at GBX 2,728 on Thursday. The company has a current ratio of 1.83, a quick ratio of 1.11 and a debt-to-equity ratio of 13.08. Oxford Instruments plc has a twelve month low of GBX 1,682 and a twelve month high of GBX 3,318. The company’s 50-day moving average price is GBX 2,824.81 and its 200-day moving average price is GBX 2,816.52. The stock has a market cap of £1.50 billion, a price-to-earnings ratio of 32.59, a PEG ratio of -3.56 and a beta of 1.09.

Analyst Ratings Changes

A number of research firms recently commented on OXIG. Jefferies Financial Group upped their price objective on Oxford Instruments from GBX 2,590 to GBX 3,000 and gave the company a “hold” rating in a report on Thursday, September 10th. JPMorgan Chase & Co. upped their price target on Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 2,883.33.

Oxford Instruments Company Profile