Oxford Instruments (OTCMKTS:OXINF) Reaches New 52-Week High – What’s Next?

Oxford Instruments PLC (OTCMKTS:OXINF)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $36.00 and last traded at $36.00, with a volume of 900 shares trading hands. The stock had previously closed at $35.50.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Oxford Instruments in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

Oxford Instruments Stock Up 1.4%

The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.34 and a current ratio of 1.77. The firm’s 50 day moving average price is $29.91 and its 200 day moving average price is $26.54.

Oxford Instruments Company Profile

Oxford Instruments plc, founded in 1959 as a spin-out from the University of Oxford, is a leading developer and manufacturer of high-technology tools and systems for industry and research. Headquartered in Abingdon, Oxfordshire, the company leverages expertise in materials science, superconducting technology and precision engineering to deliver solutions that enable scientific discovery and industrial innovation.

The company’s offerings span a range of analytical and measurement techniques, including electron microscopy accessories, X-ray fluorescence and X-ray diffraction systems for materials characterization, as well as helium-free superconducting magnets for quantum research.