Oxford Instruments (OTCMKTS:OXINF) Shares Gap Down – Time to Sell?

Oxford Instruments PLC (OTCMKTS:OXINF)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $26.50, but opened at $24.0750. Oxford Instruments shares last traded at $24.0750, with a volume of 100 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Oxford Instruments in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Oxford Instruments has an average rating of “Buy”.

Oxford Instruments Trading Down 1.2%

The firm has a fifty day moving average of $25.11 and a 200-day moving average of $24.98. The company has a quick ratio of 1.27, a current ratio of 1.81 and a debt-to-equity ratio of 0.07.

Oxford Instruments Company Profile

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.