Oxford Metrics (LON:OMG) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Oxford Metrics plc (LON:OMG) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.43 ($0.90) and traded as low as GBX 56.20 ($0.69). Oxford Metrics shares last traded at GBX 56.99 ($0.70), with a volume of 138,994 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on OMG. Canaccord Genuity Group cut their price objective on shares of Oxford Metrics from GBX 105 ($1.29) to GBX 100 ($1.23) and set a “buy” rating on the stock in a research report on Thursday, December 5th. Canaccord Genuity Group reduced their price objective on shares of Oxford Metrics from GBX 105 ($1.29) to GBX 100 ($1.23) and set a “buy” rating on the stock in a research report on Thursday, December 5th.

Oxford Metrics Trading Down 0.1 %

The stock has a fifty day moving average of GBX 59.51 and a 200-day moving average of GBX 72.76. The company has a market cap of £73.17 million, a PE ratio of 1,391.63 and a beta of 0.92. The company has a debt-to-equity ratio of 5.49, a quick ratio of 6.42 and a current ratio of 6.64.

Oxford Metrics Increases Dividend

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

Insider Buying and Selling

In other news, insider Ian Wilcock acquired 20,000 shares of Oxford Metrics stock in a transaction on Tuesday, October 29th. The shares were bought at an average cost of GBX 56 ($0.69) per share, for a total transaction of £11,200 ($13,781.22). 11.47% of the stock is currently owned by insiders.

About Oxford Metrics

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world’s top 10 games companies and all of the top 20 universities worldwide.