Insider Buying: Oxford Instruments (LON:OXIG) Insider Buys £1,775.15 in Stock

Oxford Instruments plc (LON:OXIG) insider Richard Tyson purchased 65 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were acquired at an average price of GBX 2,731 per share, with a total value of £1,775.15.

Richard Tyson also recently made the following trade(s):

• On Friday, July 31st, Richard Tyson sold 11,124 shares of Oxford Instruments stock. The stock was sold at an average price of GBX 2,786, for a total transaction of £309,914.64.
• On Friday, July 24th, Richard Tyson acquired 3,154 shares of Oxford Instruments stock. The stock was acquired at an average price of GBX 3,044 per share, for a total transaction of £96,007.76.

Oxford Instruments Trading Up 3.6%

LON OXIG opened at GBX 2,728 on Thursday. The firm’s fifty day moving average is GBX 2,824.81 and its two-hundred day moving average is GBX 2,816.52. Oxford Instruments plc has a one year low of GBX 1,682 and a one year high of GBX 3,318. The company has a debt-to-equity ratio of 13.08, a quick ratio of 1.11 and a current ratio of 1.83. The firm has a market cap of £1.50 billion, a PE ratio of 32.59, a P/E/G ratio of -3.56 and a beta of 1.09.

Analyst Ratings Changes

OXIG has been the subject of several analyst reports. JPMorgan Chase & Co. upped their price objective on Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Jefferies Financial Group boosted their target price on Oxford Instruments from GBX 2,590 to GBX 3,000 and gave the company a “hold” rating in a report on Thursday, September 10th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 2,883.33.

About Oxford Instruments