Canaccord Genuity Group Reiterates Buy Rating for Oxford Metrics (LON:OMG)

Oxford Metrics (LON:OMG)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Friday, Marketbeat.com reports. They currently have a GBX 155 ($1.91) price objective on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 45.54% from the stock’s current price.

Separately, Numis Securities reissued a “buy” rating and set a GBX 140 ($1.73) price objective on shares of Oxford Metrics in a research note on Friday, April 19th.

Oxford Metrics Trading Up 0.9 %

Shares of OMG stock opened at GBX 106.50 ($1.32) on Friday. The business has a 50-day moving average of GBX 105.91 and a 200 day moving average of GBX 100.36. The company has a debt-to-equity ratio of 5.41, a current ratio of 6.17 and a quick ratio of 6.42. Oxford Metrics has a 1-year low of GBX 78 ($0.96) and a 1-year high of GBX 121.64 ($1.50). The stock has a market capitalization of £139.98 million, a PE ratio of 2,662.50 and a beta of 0.97.

Insider Transactions at Oxford Metrics

In related news, insider Catherine Robertson sold 94,000 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of GBX 99 ($1.22), for a total transaction of £93,060 ($114,945.65). 13.84% of the stock is currently owned by company insiders.

About Oxford Metrics

Oxford Metrics plc operates as a smart sensing and software company in the United Kingdom and internationally. It engages in the development, production, and sale of computer software and equipment for the engineering, entertainment, and life science markets. The company also provides sales, marketing, and customer support services.