Oxford Instruments (OTCMKTS:OXINF) Shares Gap Up – Should You Buy?

Shares of Oxford Instruments PLC (OTCMKTS:OXINF) gapped up before the market opened on Friday . The stock had previously closed at $40.46, but opened at $43.00. Oxford Instruments shares last traded at $43.00, with a volume of 510 shares.

Analyst Upgrades and Downgrades

OXINF has been the topic of several recent analyst reports. Jefferies Financial Group reiterated a “hold” rating on shares of Oxford Instruments in a report on Tuesday, April 14th. Berenberg Bank lowered Oxford Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Oxford Instruments in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Oxford Instruments Stock Performance

The company has a fifty day simple moving average of $35.24 and a two-hundred day simple moving average of $30.81. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.34 and a current ratio of 1.77.

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.