Oxford Instruments plc (LON:OXIG) Insider Acquires £160.08 in Stock

Oxford Instruments plc (LON:OXIG) insider Gavin Hill acquired 8 shares of the firm’s stock in a transaction dated Friday, January 10th. The shares were purchased at an average price of GBX 2,001 ($24.43) per share, for a total transaction of £160.08 ($195.43).

Gavin Hill also recently made the following trade(s):

• On Monday, November 11th, Gavin Hill bought 7 shares of Oxford Instruments stock. The shares were acquired at an average price of GBX 2,122 ($25.91) per share, with a total value of £148.54 ($181.35).

Oxford Instruments Trading Up 0.2 %

Shares of OXIG stock opened at GBX 1,960 ($23.93) on Wednesday. The stock has a market capitalization of £1.14 billion, a price-to-earnings ratio of 2,279.07, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The stock’s 50-day moving average price is GBX 2,087.27 and its 200-day moving average price is GBX 2,194.41. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96. Oxford Instruments plc has a 12-month low of GBX 1,870 ($22.83) and a 12-month high of GBX 2,765 ($33.76).

Oxford Instruments Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, November 28th were given a dividend of GBX 5.10 ($0.06) per share. The ex-dividend date was Thursday, November 28th. This represents a yield of 0.24%. Oxford Instruments’s dividend payout ratio (DPR) is currently 2,441.86%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on OXIG shares. Shore Capital reissued a “buy” rating on shares of Oxford Instruments in a report on Wednesday, October 16th. Berenberg Bank lowered their target price on shares of Oxford Instruments from GBX 2,925 ($35.71) to GBX 2,830 ($34.55) and set a “buy” rating on the stock in a report on Tuesday, November 12th.

About Oxford Instruments

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science.
Innovation is the driving force behind Oxford Instruments’ growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.