Oxford Instruments plc (LON:OXIG) Insider Purchases £148.54 in Stock

Oxford Instruments plc (LON:OXIG) insider Gavin Hill acquired 7 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was purchased at an average price of GBX 2,122 ($27.31) per share, for a total transaction of £148.54 ($191.15).

Gavin Hill also recently made the following trade(s):

• On Thursday, October 10th, Gavin Hill acquired 7 shares of Oxford Instruments stock. The shares were acquired at an average price of GBX 1,996 ($25.69) per share, with a total value of £139.72 ($179.80).
• On Tuesday, September 10th, Gavin Hill acquired 7 shares of Oxford Instruments stock. The shares were acquired at an average price of GBX 2,184 ($28.10) per share, with a total value of £152.88 ($196.73).

Oxford Instruments Stock Performance

Shares of LON OXIG traded down GBX 80 ($1.03) during mid-day trading on Tuesday, hitting GBX 2,050 ($26.38). The company had a trading volume of 424,576 shares, compared to its average volume of 99,146. The stock has a market cap of £1.19 billion, a price-to-earnings ratio of 2,401.16, a PEG ratio of -3.56 and a beta of 0.96. Oxford Instruments plc has a 12 month low of GBX 1,858 ($23.91) and a 12 month high of GBX 2,765 ($35.58). The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11. The firm’s 50 day simple moving average is GBX 2,103.83 and its two-hundred day simple moving average is GBX 2,309.71.

Oxford Instruments Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be issued a GBX 5.10 ($0.07) dividend. This represents a dividend yield of 0.24%. The ex-dividend date is Thursday, November 28th. Oxford Instruments’s dividend payout ratio (DPR) is 2,441.86%.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Oxford Instruments in a research note on Wednesday, October 16th.

About Oxford Instruments

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations worldwide. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and Raman microscopy; deposition tools comprising plasma enhanced chemical vapour deposition, chemical vapour deposition, inductively coupled plasma chemical vapour deposition, atomic layer deposition, and ion beam deposition systems; and etch tools, including inductively coupled plasma etching, reactive ion etching, deep silicon etching, atomic layer etching, and ion beam etching systems.