Oxford Metrics Reports Quarterly Earnings, Shows Insider Activity
Oxford Metrics, a smart sensing and software company, announced its quarterly earnings on March 12, 2024, revealing earnings per share of GBX 1.55. The company reported a net margin of 8.23% and a return on equity of 4.81%, indicating steady financial performance amid a competitive landscape.
Stock performance was notable as shares of Oxford Metrics (LON:OMG) opened at GBX 46.40. The firm has a market capitalization of £53.30 million and a price-to-earnings ratio of -30.93, reflecting its current financial dynamics. The company maintains a strong balance sheet, evidenced by a current ratio of 7.47 and a quick ratio of 6.42. Additionally, the debt-to-equity ratio stands at 4.77, suggesting a controlled level of leverage.
In terms of stock performance, Oxford Metrics has experienced fluctuations over the past year, with a 12-month low of GBX 38.50 and a high of GBX 62.99. The firm’s 50-day moving average price is GBX 43.38, while the 200-day moving average price is GBX 45.02, indicating a stable trading range.
Insider Transactions Highlight Confidence
Recent insider trading activity has sparked interest among investors. On December 12, 2023, Imogen Moorhouse, an insider at Oxford Metrics, purchased 10,000 shares at an average cost of GBX 46 per share, totaling £4,600. Similarly, on December 9, 2023, Naomi Climer, another insider, acquired 5,000 shares at an average price of GBX 43, amounting to £2,150. Over the past 90 days, corporate insiders have acquired a total of 145,000 shares, valued at approximately $522,451,155,000. This level of insider buying, which represents 10.34% of the company’s stock, may signal strong confidence in the company’s future performance.
Company Overview and Future Outlook
Founded in 1984, Oxford Metrics specializes in smart sensing technology, bridging the gap between the physical and virtual worlds. The firm serves over 10,000 customers across 70 countries, including all of the top 10 gaming companies and the leading 20 universities globally. With a diverse portfolio that spans healthcare, entertainment, defense, and smart manufacturing, Oxford Metrics has a proven track record of innovative growth.
The company operates through its divisions, including Vicon, Industrial Vision Systems, and The Sempre Group. Each division contributes to the company’s strategy of incubating and acquiring unique technology businesses to create lasting value.
As the technology sector continues to evolve, Oxford Metrics remains well-positioned to leverage its expertise and expand its market presence. Investors and analysts will be closely monitoring the company’s performance in the upcoming quarters, particularly in light of recent insider activity and overall market trends.
