Oxford Metrics (LON:OMG) Shares Cross Above Fifty Day Moving Average – Here’s Why

Shares of Oxford Metrics plc (LON:OMG) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of GBX 36.55 and traded as high as GBX 36.70. Oxford Metrics shares last traded at GBX 36.70, with a volume of 262,953 shares.

Oxford Metrics Stock Up 1.6%

The stock’s fifty day moving average price is GBX 36.55 and its 200 day moving average price is GBX 43.99. The company has a current ratio of 4.34, a quick ratio of 6.42 and a debt-to-equity ratio of 4.34. The stock has a market cap of £41.75 million, a P/E ratio of -177.62 and a beta of 0.70.

Insider Activity at Oxford Metrics

In other news, insider Naomi Climer bought 10,000 shares of Oxford Metrics stock in a transaction that occurred on Friday, October 9th. The shares were acquired at an average price of GBX 33 per share, with a total value of £3,300. Also, insider Margaret Mary Amos purchased 28,975 shares of the stock in a transaction on Tuesday, October 20th. The shares were purchased at an average price of GBX 35 per share, for a total transaction of £10,141.25. Over the last quarter, insiders purchased 462,584 shares of company stock valued at $14,899,613. 11.24% of the stock is currently owned by insiders.

About Oxford Metrics

Oxford Metrics (LSE:OMG) is a smart sensing and measurement technology Group that serves thousands of customers in more than 70 countries. Founded in 1984, we started our journey in healthcare, expanded into entertainment, winning an OSCAR® and an Emmy®, moved into engineering and more recently, manufacturing. We have a strong track record of creating value by incubating, growing and then augmenting through acquisition, unique technology businesses.

The Group trades through two divisions; in motion capture its market-leading company Vicon Motion Systems provides motion measurement analysis to thousands of customers worldwide in healthcare, entertainment and engineering markets.