Oxford Metrics PLC -35.1% potential downside indicated by Barclays

Oxford Metrics PLC with ticker (LON:OMG) now has a potential downside of -35.1% according to Barclays.



Barclays set a target price of 59 GBX for the company, which when compared to the Oxford Metrics PLC share price of 91 GBX at opening today (29/09/2023) indicates a potential downside of -35.1%. Trading has ranged between 80 (52 week low) and 122 (52 week high) with an average of 114,721 shares exchanging hands daily. The market capitalisation at the time of writing is £118,682,473.

Oxford Metrics plc is a United Kingdom-based smart sensing software company. The Company is engaged in developing software that enables the interface between the real world and its virtual twin. The Company is servicing life sciences, entertainment and engineering markets. The Company trades through its division Vicon. Vicon is engaged in motion measurement analysis to thousands of customers worldwide, including Guy’s Hospital, Industrial Light & Magic, MIT and NASA. The Company’s smart sensing software helps approximately 10,000 customers in more than 70 countries, including 10 gaming companies and 20 universities worldwide. Guys & St Thomas Hospital, Imperial College London, Harvard University, Shriner’s Hospital for Children and Australian Institute of Sport, are the customers using Vicon systems to provide deep insights into movement for sports, healthcare and research.