Oxford Metrics (LON:OMG) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Oxford Metrics plc (LON:OMG) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 91.66 ($1.19) and traded as low as GBX 57.20 ($0.74). Oxford Metrics shares last traded at GBX 58.90 ($0.76), with a volume of 175,539 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 155 ($2.01) target price on shares of Oxford Metrics in a research note on Monday, July 1st.

Oxford Metrics Stock Performance

The company has a debt-to-equity ratio of 5.49, a current ratio of 6.64 and a quick ratio of 6.42. The company has a market cap of £76.50 million, a price-to-earnings ratio of 1,455.00 and a beta of 0.92. The firm has a 50 day simple moving average of GBX 70.16 and a 200-day simple moving average of GBX 91.09.

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.