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

Shares of Oxford Metrics plc (LON:OMG) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut 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 Price Performance

The stock has a fifty day moving average of GBX 60.74 and a 200-day moving average of GBX 79.57. The company has a quick ratio of 6.42, a current ratio of 6.64 and a debt-to-equity ratio of 5.49. The stock has a market capitalization of £76.24 million, a price-to-earnings ratio of 1,450.00 and a beta of 0.92.

Oxford Metrics Increases Dividend

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

Insider Activity at Oxford Metrics

In other Oxford Metrics news, insider Ian Wilcock purchased 20,000 shares of the stock in a transaction that occurred on Tuesday, October 29th. The stock was purchased at an average cost of GBX 56 ($0.71) per share, with a total value of £11,200 ($14,136.06). 11.47% of the stock is currently owned by corporate insiders.

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.