Oxford Instruments plc (LON:OXIG) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,186 ($15.50) and last traded at GBX 1,178 ($15.39), with a volume of 5456 shares traded. The stock had previously closed at GBX 1,158 ($15.13).
Separately, Peel Hunt cut their price objective on Oxford Instruments from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) and set a “buy” rating for the company in a research report on Monday, February 11th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 1,075 ($14.05).
The company has a quick ratio of 0.65, a current ratio of 1.17 and a debt-to-equity ratio of 22.81. The firm has a market cap of $673.72 million and a price-to-earnings ratio of 36.13.
Oxford Instruments Company Profile (LON:OXIG)
Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company's Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes.
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