Oxford Metrics (LON:OMG) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Oxford Metrics plc (LON:OMG)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 57.48 ($0.75) and traded as low as GBX 52.60 ($0.69). Oxford Metrics shares last traded at GBX 52.60 ($0.69), with a volume of 555,759 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages recently commented on OMG. Canaccord Genuity Group lowered their price objective on Oxford Metrics from GBX 105 ($1.38) to GBX 100 ($1.31) and set a “buy” rating for the company in a research report on Thursday, December 5th. Canaccord Genuity Group lowered their price target on shares of Oxford Metrics from GBX 105 ($1.38) to GBX 100 ($1.31) and set a “buy” rating for the company in a research report on Thursday, December 5th.

Oxford Metrics Trading Down 6.5 %

The business has a 50 day moving average of GBX 52.33 and a 200 day moving average of GBX 57.08. The company has a debt-to-equity ratio of 4.77, a current ratio of 7.47 and a quick ratio of 6.42. The firm has a market capitalization of £61.21 million, a price-to-earnings ratio of 16.58 and a beta of 0.92.

About Oxford Metrics

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.