Oxford Instruments (OTCMKTS:OXINF) Downgraded to Hold Rating by Berenberg Bank

Oxford Instruments (OTCMKTS:OXINF) was downgraded by Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other analysts have also commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Oxford Instruments in a research note on Friday. Jefferies Financial Group reissued a “hold” rating on shares of Oxford Instruments in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Oxford Instruments Stock Performance

Shares of OXINF stock opened at $39.00 on Monday. The stock’s fifty day simple moving average is $34.16 and its 200 day simple moving average is $29.91. The company has a quick ratio of 1.34, a current ratio of 1.77 and a debt-to-equity ratio of 0.07. Oxford Instruments has a one year low of $23.70 and a one year high of $41.80.

About Oxford Instruments

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.