Oxford Metrics (LON:OMG) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Oxford Metrics plc (LON:OMG) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 71.79 ($0.88) and traded as low as GBX 53.36 ($0.65). Oxford Metrics shares last traded at GBX 53.60 ($0.66), with a volume of 110,451 shares trading hands.

Analysts Set New Price Targets

Several brokerages have recently weighed in on OMG. Canaccord Genuity Group decreased their target price on shares of Oxford Metrics from GBX 105 ($1.29) to GBX 100 ($1.22) and set a “buy” rating for the company in a research note on Thursday, December 5th. Canaccord Genuity Group decreased their target price on shares of Oxford Metrics from GBX 105 ($1.29) to GBX 100 ($1.22) and set a “buy” rating for the company in a research note on Thursday, December 5th.

Oxford Metrics Stock Down 0.9 %

The firm has a market cap of £69.81 million, a price-to-earnings ratio of 1,327.80 and a beta of 0.92. The firm’s 50 day moving average price is GBX 59.14 and its two-hundred day moving average price is GBX 71.79. The company has a debt-to-equity ratio of 5.49, a current ratio of 6.64 and a quick ratio of 6.42.

Oxford Metrics Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 5th. Investors of record on Thursday, December 12th will be issued a dividend of GBX 3.25 ($0.04) per share. This is a boost from Oxford Metrics’s previous dividend of $2.75. This represents a yield of 5.42%. The ex-dividend date is Thursday, December 12th. Oxford Metrics’s dividend payout ratio is currently 7,500.00%.

Insider Buying and Selling

In other news, insider Ian Wilcock purchased 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The stock was purchased at an average cost of GBX 56 ($0.69) per share, with a total value of £11,200 ($13,708.69). 11.47% of the stock is currently owned by corporate insiders.

About Oxford Metrics

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world’s top 10 games companies and all of the top 20 universities worldwide.