Gavin Hill Buys 8 Shares of Oxford Instruments plc (LON:OXIG) Stock

Oxford Instruments plc (LON:OXIG) insider Gavin Hill purchased 8 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were purchased at an average cost of GBX 2,001 ($24.49) per share, for a total transaction of £160.08 ($195.89).

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

• On Monday, November 11th, Gavin Hill acquired 7 shares of Oxford Instruments stock. The stock was acquired at an average price of GBX 2,122 ($25.97) per share, with a total value of £148.54 ($181.77).

Oxford Instruments Stock Performance

Shares of OXIG stock opened at GBX 1,956 ($23.94) on Tuesday. The stock has a market capitalization of £1.14 billion, a PE ratio of 2,274.42, a PEG ratio of -3.56 and a beta of 0.96. The business’s 50 day simple moving average is GBX 2,091.97 and its 200 day simple moving average is GBX 2,198.11. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11. Oxford Instruments plc has a one year low of GBX 1,870 ($22.88) and a one year high of GBX 2,765 ($33.84).

Oxford Instruments Cuts Dividend

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on OXIG shares. Berenberg Bank reduced their target price on shares of Oxford Instruments from GBX 2,925 ($35.79) to GBX 2,830 ($34.63) and set a “buy” rating on the stock in a report on Tuesday, November 12th. Shore Capital reissued a “buy” rating on shares of Oxford Instruments in a research note on Wednesday, October 16th.

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.