Oxford Metrics (LON:OMG) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Oxford Metrics plc (LON:OMG) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 78.04 ($0.98) and traded as low as GBX 52.61 ($0.66). Oxford Metrics shares last traded at GBX 52.80 ($0.66), with a volume of 472,235 shares traded.

Analysts Set New Price Targets

OMG has been the subject of several research analyst reports. Canaccord Genuity Group decreased their price target on shares of Oxford Metrics from GBX 105 ($1.32) to GBX 100 ($1.26) and set a “buy” rating for the company in a research note on Thursday, December 5th. Canaccord Genuity Group decreased their target price on Oxford Metrics from GBX 105 ($1.32) to GBX 100 ($1.26) and set a “buy” rating for the company in a research report on Thursday, December 5th.

Oxford Metrics Stock Performance

The firm’s fifty day moving average price is GBX 60.55 and its 200 day moving average price is GBX 78.04. The firm has a market cap of £69.40 million, a P/E ratio of 1,320.00 and a beta of 0.92. The company has a debt-to-equity ratio of 5.49, a quick ratio of 6.42 and a current ratio of 6.64.

Oxford Metrics Increases Dividend

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

Insider Buying and Selling at Oxford Metrics

In other news, insider Ian Wilcock purchased 20,000 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was acquired at an average cost of GBX 56 ($0.70) per share, with a total value of £11,200 ($14,075.66). Insiders own 11.47% of the company’s stock.

About Oxford Metrics

Oxford Metrics plc operates as a smart sensing and software company in the United Kingdom and internationally. It engages in the development, production, and sale of computer software and equipment for the engineering, entertainment, and life science markets. The company also provides sales, marketing, and customer support services.