Oxford Metrics Announces Share Buyback of 155,000 Shares

The latest update is out from Oxford Metrics ( (GB:OMG) ).

Oxford Metrics has announced a share buyback, purchasing 155,000 of its ordinary shares at a price of 46.00 GBp per share. This move, part of its ongoing Share Buyback Programme, reduces the total number of shares in issue to 117,891,334, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:OMG) stock is a Buy with a £100.00 price target. To see the full list of analyst forecasts on Oxford Metrics stock, see the GB:OMG Stock Forecast page.

Spark’s Take on GB:OMG Stock

According to Spark, TipRanks’ AI Analyst, GB:OMG is a Neutral.

Oxford Metrics shows a solid balance sheet and has been actively engaging in share buybacks to enhance shareholder value. However, the stock struggles with profitability and cash flow issues, and its current bearish momentum is a concern. The high dividend yield is a redeeming factor for income-seeking investors.

To see Spark’s full report on GB:OMG stock, click here.

More about Oxford Metrics

Oxford Metrics is a smart sensing and software company that facilitates the interface between the real and virtual worlds. With a presence in over 70 countries, it serves more than 10,000 customers, including top gaming companies and prestigious universities. Established in 1984, the company has expanded from healthcare into entertainment, engineering, and smart manufacturing, boasting a history of value creation through innovation and acquisitions. Its divisions include Vicon, a leader in motion measurement analysis; Industrial Vision Systems, specializing in machine vision software; and The Sempre Group, which addresses manufacturing challenges across various industries.

Average Trading Volume: 502,001

Technical Sentiment Signal: Sell

Current Market Cap: £53.97M

For detailed information about OMG stock, go to TipRanks’ Stock Analysis page.