Oxford Instruments (OTCMKTS:OXINF) Downgraded to Hold Rating by Berenberg Bank

Oxford Instruments (OTCMKTS:OXINF) was downgraded by equities researchers at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

OXINF has been the topic of a number of other reports. Jefferies Financial Group restated a “hold” rating on shares of Oxford Instruments in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Oxford Instruments in a research report on Friday. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Oxford Instruments currently has an average rating of “Hold”.

Oxford Instruments Stock Down 2.5%

OXINF opened at $39.00 on Monday. 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 has a 1 year low of $23.70 and a 1 year high of $41.80. The stock’s 50 day simple moving average is $34.16 and its 200-day simple moving average is $29.91.

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.