Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys £148.39 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys purchased 71 shares of the business’s stock in a transaction dated Thursday, November 12th. The shares were bought at an average price of GBX 209 per share, with a total value of £148.39.

Francis Van Parys also recently made the following trade(s):

• On Wednesday, October 14th, Francis Van Parys purchased 70 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 215 per share, with a total value of £150.50.
• On Monday, September 14th, Francis Van Parys purchased 96 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 157 per share, with a total value of £150.72.

Oxford Nanopore Technologies Stock Performance

LON:ONT traded up GBX 1.08 during midday trading on Thursday, reaching GBX 204.12. The stock had a trading volume of 1,384,420 shares, compared to its average volume of 9,469,859. The firm has a fifty day simple moving average of GBX 197.38 and a two-hundred day simple moving average of GBX 144.35. Oxford Nanopore Technologies plc has a 12-month low of GBX 95.61 and a 12-month high of GBX 239.60. The company has a quick ratio of 6.01, a current ratio of 3.52 and a debt-to-equity ratio of 9.86. The stock has a market cap of £2.00 billion, a P/E ratio of -16.33 and a beta of 0.87.

Oxford Nanopore Technologies (LON:ONT) last announced its quarterly earnings data on Wednesday, August 19th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative net margin of 51.66% and a negative return on equity of 27.36%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ONT shares. Citigroup downgraded shares of Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. JPMorgan Chase & Co. increased their price target on shares of Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the stock an “overweight” rating in a report on Thursday, August 27th. Berenberg Bank cut their price target on shares of Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a report on Wednesday, August 19th. Finally, Deutsche Bank restated a “buy” rating and issued a GBX 195 price objective on shares of Oxford Nanopore Technologies in a research report on Thursday, August 20th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Oxford Nanopore Technologies currently has an average rating of “Moderate Buy” and a consensus price target of GBX 198.60.

Oxford Nanopore Technologies Company Profile

Oxford Nanopore Technologies’ goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.