Oxford Instruments (OTCMKTS:OXINF) Shares Gap Up – Still a Buy?

Oxford Instruments PLC (OTCMKTS:OXINF)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $39.10, but opened at $41.4610. Oxford Instruments shares last traded at $41.4610, with a volume of 408 shares.

Wall Street Analyst Weigh In

OXINF has been the subject of a number of recent research reports. Jefferies Financial Group reissued a “hold” rating on shares of Oxford Instruments in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Oxford Instruments in a research note on Friday, January 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Oxford Instruments Price Performance

The business’s 50 day simple moving average is $33.21 and its 200 day simple moving average is $28.88. The company has a quick ratio of 1.34, a current ratio of 1.77 and a debt-to-equity ratio of 0.07.

Oxford Instruments Company Profile

Oxford Instruments plc, founded in 1959 as a spin-out from the University of Oxford, is a leading developer and manufacturer of high-technology tools and systems for industry and research. Headquartered in Abingdon, Oxfordshire, the company leverages expertise in materials science, superconducting technology and precision engineering to deliver solutions that enable scientific discovery and industrial innovation.

The company’s offerings span a range of analytical and measurement techniques, including electron microscopy accessories, X-ray fluorescence and X-ray diffraction systems for materials characterization, as well as helium-free superconducting magnets for quantum research.