Oxford Metrics (LON:OMG) Shares Cross Below 200-Day Moving Average – Here’s Why

Shares of Oxford Metrics plc (LON:OMG) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 69.51 ($0.86) and traded as low as GBX 51 ($0.63). Oxford Metrics shares last traded at GBX 51.30 ($0.63), with a volume of 210,697 shares trading hands.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on OMG. Canaccord Genuity Group decreased their price target on Oxford Metrics from GBX 105 ($1.30) to GBX 100 ($1.24) and set a “buy” rating for the company in a research note on Thursday, December 5th. Canaccord Genuity Group reduced their price target on shares of Oxford Metrics from GBX 105 ($1.30) to GBX 100 ($1.24) and set a “buy” rating for the company in a research note on Thursday, December 5th.

Oxford Metrics Trading Down 1.5 %

The stock has a 50 day simple moving average of GBX 57.29 and a 200-day simple moving average of GBX 69.51. The company has a current ratio of 6.64, a quick ratio of 6.42 and a debt-to-equity ratio of 5.49. The firm has a market capitalization of £65.88 million, a P/E ratio of 1,252.98 and a beta of 0.92.

Oxford Metrics (LON:OMG) last issued its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 2.96 ($0.04) earnings per share for the quarter. Oxford Metrics had a net margin of 8.23% and a return on equity of 6.42%. On average, equities research analysts forecast that Oxford Metrics plc will post 2.8794949 EPS for the current fiscal year.

Oxford Metrics Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Thursday, December 12th will be paid a dividend of GBX 3.25 ($0.04) per share. The ex-dividend date is Thursday, December 12th. This is an increase from Oxford Metrics’s previous dividend of $2.75. This represents a dividend yield of 5.42%. Oxford Metrics’s payout ratio is 7,500.00%.

Insider Buying and Selling at Oxford Metrics

In other news, insider Ian Wilcock bought 20,000 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were bought at an average price of GBX 56 ($0.69) per share, for a total transaction of £11,200 ($13,833.99). Insiders own 11.47% of the company’s stock.

Oxford Metrics Company Profile

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world’s top 10 games companies and all of the top 20 universities worldwide.