Oxford Instruments plc (LON:OXIG) Insider Buys £148.54 in Stock

Oxford Instruments plc (LON:OXIG) insider Gavin Hill purchased 7 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of GBX 2,122 ($27.31) per share, with a total value of £148.54 ($191.15).

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

• On Thursday, October 10th, Gavin Hill purchased 7 shares of Oxford Instruments stock. The shares were bought at an average price of GBX 1,996 ($25.69) per share, with a total value of £139.72 ($179.80).
• On Tuesday, September 10th, Gavin Hill purchased 7 shares of Oxford Instruments stock. The shares were bought at an average price of GBX 2,184 ($28.10) per share, with a total value of £152.88 ($196.73).

Oxford Instruments Trading Up 2.5 %

LON:OXIG opened at GBX 2,085 ($26.83) on Thursday. The stock has a fifty day moving average price of GBX 2,094.33 and a two-hundred day moving average price of GBX 2,306.46. The stock has a market capitalization of £1.21 billion, a price-to-earnings ratio of 2,424.42, a PEG ratio of -3.56 and a beta of 0.96. The company has a debt-to-equity ratio of 12.96, a quick ratio of 1.11 and a current ratio of 1.64. Oxford Instruments plc has a 1 year low of GBX 1,918 ($24.68) and a 1 year high of GBX 2,765 ($35.58).

Oxford Instruments Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be issued a GBX 5.10 ($0.07) dividend. This represents a yield of 0.24%. The ex-dividend date is Thursday, November 28th. Oxford Instruments’s dividend payout ratio (DPR) is 2,441.86%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Shore Capital restated a “buy” rating on shares of Oxford Instruments in a research note on Wednesday, October 16th. Berenberg Bank cut their price objective on Oxford Instruments from GBX 2,925 ($37.64) to GBX 2,830 ($36.42) and set a “buy” rating for the company in a research report on Tuesday.

About Oxford Instruments

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations worldwide. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and Raman microscopy; deposition tools comprising plasma enhanced chemical vapour deposition, chemical vapour deposition, inductively coupled plasma chemical vapour deposition, atomic layer deposition, and ion beam deposition systems; and etch tools, including inductively coupled plasma etching, reactive ion etching, deep silicon etching, atomic layer etching, and ion beam etching systems.