Oxford Metrics (LON:OMG) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Oxford Metrics plc (LON:OMG)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 95.07 ($1.24) and traded as low as GBX 56.32 ($0.74). Oxford Metrics shares last traded at GBX 57.40 ($0.75), with a volume of 265,021 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 155 ($2.03) price objective on shares of Oxford Metrics in a research report on Monday, July 1st.

Oxford Metrics Trading Up 1.8 %

The stock has a market cap of £74.92 million, a PE ratio of 1,425.00 and a beta of 0.92. The business has a 50-day moving average of GBX 77.03 and a 200 day moving average of GBX 94.80. The company has a debt-to-equity ratio of 5.49, a quick ratio of 6.42 and a current ratio of 6.64.

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.