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Oxford Metrics ( (GB:OMG) ) has shared an update.
Oxford Metrics announced a share buyback, purchasing 100,000 ordinary shares at a price of 43.50 GBp each. This transaction is part of their ongoing share buyback program, which aims to optimize capital structure and enhance shareholder value. Following the purchase, the total number of shares in issue is 116,046,334, which will impact shareholder voting rights calculations. This move reflects the company’s strategic financial management and commitment to returning value to shareholders.
The most recent analyst rating on (GB:OMG) stock is a Hold with a £45.00 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.
The overall stock score reflects the company’s strong balance sheet and high dividend yield, but is weighed down by negative earnings, bearish technical indicators, and challenges in profitability and cash flow. The positive impact of share buybacks is noted but not included in the weighted score due to the methodology.
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 bridges the real and virtual worlds. It serves over 10,000 customers in more than 70 countries, including top gaming companies and universities. Founded in 1984, the company has expanded from healthcare into entertainment, engineering, and smart manufacturing. It operates through divisions like Vicon, a leader in motion measurement analysis, Industrial Vision Systems, a specialist in machine vision software, and The Sempre Group, which focuses on manufacturing measurement solutions. Oxford Metrics is headquartered in Oxford with offices in the UK, Ireland, the US, and Germany, and is listed on the AIM market of the London Stock Exchange.
Average Trading Volume: 535,818
Technical Sentiment Signal: Sell
Current Market Cap: £50.01M
See more data about OMG stock on TipRanks’ Stock Analysis page.