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

Oxford Metrics plc (LON:OMG) shares 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

A number of research analysts recently weighed in on OMG shares. Canaccord Genuity Group reduced their price objective 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. Canaccord Genuity Group reduced their price target on Oxford Metrics from GBX 105 ($1.32) to GBX 100 ($1.26) and set a “buy” rating for the company in a report on Thursday, December 5th.

Oxford Metrics Stock Up 1.5 %

The company 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 current ratio of 6.64 and a quick ratio of 6.42. The company’s 50-day moving average is GBX 60.55 and its two-hundred day moving average is GBX 78.04.

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 paid a GBX 3.25 ($0.04) dividend. This represents a dividend yield of 5.42%. This is a positive change from Oxford Metrics’s previous dividend of $2.75. The ex-dividend date is Thursday, December 12th. Oxford Metrics’s dividend payout ratio (DPR) is presently 7,500.00%.

Insider Activity

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

Oxford Metrics Company Profile

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.