Zacks Investment Research Upgrades Oxford Instruments (OTCMKTS:OXINF) to “Hold”

Zacks Investment Research upgraded shares of Oxford Instruments (OTCMKTS:OXINFGet Rating) from a sell rating to a hold rating in a report released on Thursday, Zacks.com reports.

According to Zacks, “Oxford Instruments plc is a holding company, which engages in the research, development, manufacture and sale of high technology tools and systems. Its operating segment includes Nanotechnology Tools, Industrial Products and Service. Nanotechnology Tools segment includes high technology tools to characterize, analyze, manipulate and fabricate at a nano scale. Industrial Products segment develops and manufactures tools and components for industrial applications. Service segment deals with knowledgeable support services, training and refurbishment. Oxford Instruments plc is headquartered in Abingdon, the United Kingdom. “

OTCMKTS:OXINF opened at $22.95 on Thursday. Oxford Instruments has a twelve month low of $22.95 and a twelve month high of $37.28. The company’s 50 day moving average is $26.66 and its two-hundred day moving average is $30.07.

About Oxford Instruments (Get Rating)

Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United Kingdom, China, Japan, the United States, Germany, rest of Europe, rest of Asia, and internationally. It operates through e Materials & Characterisation, Research & Discovery, and Service & Healthcare.

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