Insider Buying: Oxford Instruments plc (LON:OXIG) Insider Acquires 16,000 Shares of Stock

Oxford Instruments plc (LON:OXIGGet Free Report) insider Neil A. P. Carson purchased 16,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average price of GBX 2,021 ($24.82) per share, with a total value of £323,360 ($397,101.81).

Oxford Instruments Stock Up 3.4 %

OXIG stock opened at GBX 2,125 ($26.10) on Wednesday. The company has a 50 day moving average of GBX 2,020.69 and a two-hundred day moving average of GBX 2,374.17. The company has a market cap of £1.23 billion, a price-to-earnings ratio of 2,125.00, a PEG ratio of -3.56 and a beta of 0.93. Oxford Instruments plc has a 12-month low of GBX 1,634 ($20.07) and a 12-month high of GBX 2,884.80 ($35.43). The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 12.76.

Oxford Instruments Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 12th. Shareholders of record on Thursday, November 30th will be given a GBX 4.90 ($0.06) dividend. This represents a yield of 0.25%. The ex-dividend date is Thursday, November 30th. Oxford Instruments’s payout ratio is currently 2,000.00%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on OXIG shares. Shore Capital restated a “buy” rating on shares of Oxford Instruments in a research report on Tuesday. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 350 ($4.30) price target on shares of Oxford Instruments in a report on Tuesday, July 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Oxford Instruments currently has an average rating of “Moderate Buy” and an average target price of GBX 2,414 ($29.65).

View Our Latest Research Report on Oxford Instruments

About Oxford Instruments

(Get Free Report)

Oxford Instruments plc provides technology products and services in Europe, North America, Asia, and internationally. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force microscopy products; tools for use in research and development across a range of applications, including semiconductors, renewable energy, mining, metallurgy, and forensics; etch and deposition processing equipment and solutions for use in power and RF devices, VCSELs/lasers, 2D materials, augmented reality, biomems, failure analysis, HBLEDs, infrared sensors, MEMS and sensors, and quantum; and low temperature systems comprising wet systems, dry systems, magnets, cryogenics, and accessories.

Featured Articles

Insider Buying and Selling by Quarter for Oxford Instruments (LON:OXIG)

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