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

by · The Cerbat Gem

Oxford Metrics plc (LON:OMG – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 71.79 ($0.87) and traded as low as GBX 53.36 ($0.65). Oxford Metrics shares last traded at GBX 53.60 ($0.65), with a volume of 110,451 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Canaccord Genuity Group cut their price target on shares of Oxford Metrics from GBX 105 ($1.28) to GBX 100 ($1.22) and set a “buy” rating on the stock in a research note on Thursday, December 5th. Canaccord Genuity Group dropped their price objective on shares of Oxford Metrics from GBX 105 ($1.28) to GBX 100 ($1.22) and set a “buy” rating for the company in a report on Thursday, December 5th.

Get Our Latest Report on Oxford Metrics

Oxford Metrics Price Performance

The company has a 50 day moving average of GBX 58.73 and a 200 day moving average of GBX 71.14. The company has a debt-to-equity ratio of 5.49, a quick ratio of 6.42 and a current ratio of 6.64. The stock has a market capitalization of £69.40 million, a price-to-earnings ratio of 1,320.00 and a beta of 0.92.

Oxford Metrics Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 3.25 ($0.04) per share. The ex-dividend date of this dividend 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 currently 7,500.00%.

Insider Buying and Selling

In other news, insider Ian Wilcock purchased 20,000 shares of the stock in a transaction on Tuesday, October 29th. The stock was bought at an average price of GBX 56 ($0.68) per share, for a total transaction of £11,200 ($13,626.96). Insiders own 11.47% of the company’s stock.

Oxford Metrics Company Profile

(Get Free Report)

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.

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