Oxford Instruments (OTCMKTS:OXINF) Shares Gap Up – Still a Buy?

Shares of Oxford Instruments PLC (OTCMKTS:OXINF) gapped up prior to trading on Tuesday . The stock had previously closed at $35.00, but opened at $36.25. Oxford Instruments shares last traded at $36.25, with a volume of 175 shares.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on OXINF. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Oxford Instruments in a research note on Wednesday, June 10th. Jefferies Financial Group reissued a “hold” rating on shares of Oxford Instruments in a report on Thursday. Finally, Berenberg Bank cut shares of Oxford Instruments from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Oxford Instruments presently has a consensus rating of “Hold”.

Oxford Instruments Stock Up 2.1%

The stock has a 50 day moving average price of $38.20 and a 200 day moving average price of $37.29.

About Oxford Instruments

Oxford Instruments plc is a United Kingdom-based provider of advanced scientific instruments and systems used in research, industrial development and semiconductor manufacturing. The company develops technologies that enable customers to analyze, characterize and manipulate materials at very small scales and under specialized conditions.

Its products and services include microscopy and imaging systems, analytical instruments, cryogenic equipment, superconducting magnets, low-temperature measurement systems and tools for nanoscience research.