Oxford Instruments (OTCMKTS:OXINF) Shares Gap Down – Here’s What Happened

Oxford Instruments PLC (OTCMKTS:OXINFGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $30.50, but opened at $29.0750. Oxford Instruments shares last traded at $29.0750, with a volume of 221 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Oxford Instruments in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

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Oxford Instruments Stock Performance

The company has a 50-day moving average of $24.08 and a 200-day moving average of $25.14.

Oxford Instruments Company Profile

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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.

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