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Oxford Metrics ( (GB:OMG) ) has provided an update.
Oxford Metrics announced a share buyback transaction, purchasing 25,000 ordinary shares at a price of 40.00 GBp each. This buyback is part of the company’s ongoing programme to manage its share capital, resulting in a total of 115,571,334 shares in issue. This move is likely to impact the company’s market positioning by potentially increasing shareholder value and adjusting the capital structure.
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 facilitates the interface between the real world and its virtual twin. It serves over 10,000 customers in more than 70 countries, including top gaming companies and universities. The company operates through divisions like Vicon, Industrial Vision Systems, and The Sempre Group, providing motion measurement analysis, machine vision software, and measurement solutions across various industries. Headquartered in Oxford, it has offices in the UK, Ireland, the US, and Germany, and is listed on AIM of the London Stock Exchange.
Average Trading Volume: 502,515
Technical Sentiment Signal: Sell
Current Market Cap: £46.02M
Learn more about OMG stock on TipRanks’ Stock Analysis page.