Oxford Metrics (LON:OMG) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Oxford Metrics plc (LON:OMG)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 44.43 and traded as low as GBX 37.30. Oxford Metrics shares last traded at GBX 37.60, with a volume of 265,453 shares trading hands.

Oxford Metrics Stock Up 3.7%

The company has a market capitalization of £43.65 million, a P/E ratio of -185.71 and a beta of 0.67. The company has a debt-to-equity ratio of 4.34, a quick ratio of 6.42 and a current ratio of 4.34. The stock has a 50 day moving average price of GBX 38.98 and a 200 day moving average price of GBX 44.39.

Oxford Metrics (LON:OMG) last posted its quarterly earnings results on Wednesday, June 17th. The company reported GBX (0.66) earnings per share for the quarter. Oxford Metrics had a negative net margin of 1.37% and a negative return on equity of 0.98%. The company had revenue of GBX 2,074 million for the quarter. Equities research analysts forecast that Oxford Metrics plc will post 2.8794949 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Gary Bullard bought 75,000 shares of Oxford Metrics stock in a transaction dated Wednesday, June 17th. The stock was purchased at an average cost of GBX 44 per share, with a total value of £33,000. Also, insider Ian Wilcock purchased 25,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were bought at an average price of GBX 44 per share, with a total value of £11,000. Insiders have bought a total of 154,868 shares of company stock valued at $6,484,984 over the last three months. Insiders own 11.24% of the company’s stock.

About Oxford Metrics

Oxford Metrics (LSE:OMG) is a smart sensing and measurement technology Group that serves thousands of customers in more than 70 countries. Founded in 1984, we started our journey in healthcare, expanded into entertainment, winning an OSCAR® and an Emmy®, moved into engineering and more recently, manufacturing. We have a strong track record of creating value by incubating, growing and then augmenting through acquisition, unique technology businesses.

The Group trades through two divisions; in motion capture its market-leading company Vicon Motion Systems provides motion measurement analysis to thousands of customers worldwide in healthcare, entertainment and engineering markets.