Oxford Metrics (LON:OMG) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Oxford Metrics plc (LON:OMG) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 79.93 ($1.01) and traded as low as GBX 55.40 ($0.70). Oxford Metrics shares last traded at GBX 57.41 ($0.72), with a volume of 1,015,068 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lowered their target price on shares of Oxford Metrics from GBX 105 ($1.33) to GBX 100 ($1.26) and set a “buy” rating on the stock in a research note on Thursday, December 5th.

Oxford Metrics Stock Performance

The firm’s 50-day moving average price is GBX 60.74 and its two-hundred day moving average price is GBX 79.57. The company has a debt-to-equity ratio of 5.49, a quick ratio of 6.42 and a current ratio of 6.64. The stock has a market cap of £76.24 million, a price-to-earnings ratio of 1,450.00 and a beta of 0.92.

Oxford Metrics Increases Dividend

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

Insider Activity

In related news, insider Ian Wilcock bought 20,000 shares of the firm’s stock in a transaction on Tuesday, October 29th. The shares were bought at an average price of GBX 56 ($0.71) per share, with a total value of £11,200 ($14,136.06). Corporate insiders own 11.47% of the company’s stock.

Oxford Metrics Company Profile

Oxford Metrics plc operates as a smart sensing and software company in the United Kingdom and internationally. It engages in the development, production, and sale of computer software and equipment for the engineering, entertainment, and life science markets. The company also provides sales, marketing, and customer support services.