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Oxford Metrics ( (GB:OMG) ) has provided an announcement.
Oxford Metrics announced the purchase of 75,000 of its own shares at a price of 43.00 GBp each as part of its share buyback program. This move reduces the total number of shares in issue to 116,146,334, impacting shareholder calculations under the FCA’s rules. The transaction is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in its market position.
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 world with its virtual twin. It serves over 10,000 customers in more than 70 countries, including top global games 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, Industrial Vision Systems, and The Sempre Group, a measurement specialist. Headquartered in Oxford, it has offices in the UK, Ireland, the US, and Germany, and is listed on AIM.
Average Trading Volume: 535,818
Technical Sentiment Signal: Sell
Current Market Cap: £50.01M
For detailed information about OMG stock, go to TipRanks’ Stock Analysis page.