Oxford Instruments plc (LON:OXIG) Insider Gavin Hill Acquires 7 Shares of Stock

Oxford Instruments plc (LON:OXIG) insider Gavin Hill bought 7 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of GBX 2,122 ($27.31) per share, with a total value of £148.54 ($191.15).

Gavin Hill also recently made the following trade(s):

• On Thursday, October 10th, Gavin Hill purchased 7 shares of Oxford Instruments stock. The stock was acquired at an average cost of GBX 1,996 ($25.69) per share, for a total transaction of £139.72 ($179.80).
• On Tuesday, September 10th, Gavin Hill acquired 7 shares of Oxford Instruments stock. The shares were bought at an average cost of GBX 2,184 ($28.10) per share, with a total value of £152.88 ($196.73).

Oxford Instruments Price Performance

OXIG stock opened at GBX 2,035 ($26.19) on Wednesday. The company has a market cap of £1.18 billion, a PE ratio of 2,366.28, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96. The stock has a 50-day moving average price of GBX 2,096.73 and a two-hundred day moving average price of GBX 2,308.02. Oxford Instruments plc has a 12-month low of GBX 1,858 ($23.91) and a 12-month high of GBX 2,765 ($35.58).

Oxford Instruments Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be issued a dividend of GBX 5.10 ($0.07) per share. This represents a dividend yield of 0.24%. The ex-dividend date is Thursday, November 28th. Oxford Instruments’s payout ratio is currently 2,441.86%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Oxford Instruments in a report on Wednesday, October 16th.

About Oxford Instruments

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations worldwide. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and Raman microscopy; deposition tools comprising plasma enhanced chemical vapour deposition, chemical vapour deposition, inductively coupled plasma chemical vapour deposition, atomic layer deposition, and ion beam deposition systems; and etch tools, including inductively coupled plasma etching, reactive ion etching, deep silicon etching, atomic layer etching, and ion beam etching systems.