Canaccord Genuity Group Reiterates Speculative Buy Rating for Oxford Metrics (LON:OMG)

Oxford Metrics (LON:OMG)‘s stock had its “speculative buy” rating reissued by Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, MarketBeat reports. They currently have a GBX 85 price target on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 94.56% from the company’s current price.

Oxford Metrics Price Performance

LON:OMG opened at GBX 43.69 on Wednesday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 6.42 and a current ratio of 7.47. The stock’s 50-day simple moving average is GBX 41.65 and its 200 day simple moving average is GBX 48. The company has a market cap of £50.49 million, a P/E ratio of -29.13 and a beta of 0.92. Oxford Metrics has a 52-week low of GBX 38.50 and a 52-week high of GBX 67.56.

Oxford Metrics announced that its board has initiated a share repurchase plan on Thursday, July 10th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Oxford Metrics Company Profile

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world’s top 10 games companies and all of the top 20 universities worldwide.