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Bargain Shares 2024: This stock offers three things investors love

A growth plan in a growing market, cash and a good-looking dividend mean there is a lot to like about this technology stock
February 8, 2024

Aim: Share price: 99p

Bid-offer spread: 98-100p

Market value: £130.2mn

  • Net cash equates to 50 per cent of market capitalisation
  • 13 per cent forecast EPS growth in 2024
  • Cash-adjusted price/earnings (PE) ratio of 9.6
  • Prospective dividend yield of 3.1 per cent

Oxford Metrics (OMG), the smart sensing software company, servicing life sciences, entertainment and engineering markets, transformed its balance sheet by disposing of infrastructure asset management division Yotta for £52mn in mid-2022.

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