Insider Buying: Oxford Nanopore Technologies plc (LON:ONT) Insider Buys 17,726 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Kate Priestman purchased 17,726 shares of the stock in a transaction dated Tuesday, March 25th. The stock was bought at an average cost of GBX 112 ($1.45) per share, with a total value of £19,853.12 ($25,703.16).

Oxford Nanopore Technologies Stock Up 2.0 %

ONT stock traded up GBX 2 ($0.03) during mid-day trading on Wednesday, hitting GBX 103.70 ($1.34). 74,868,016 shares of the company were exchanged, compared to its average volume of 11,940,247. The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45. Oxford Nanopore Technologies plc has a 1-year low of GBX 85 ($1.10) and a 1-year high of GBX 169.20 ($2.19). The firm’s 50 day simple moving average is GBX 122.97 and its 200 day simple moving average is GBX 136.35. The firm has a market cap of £984.16 million, a P/E ratio of -5.58 and a beta of 0.80.

Oxford Nanopore Technologies (LON:ONT) last posted its quarterly earnings data on Tuesday, March 4th. The company reported GBX (16) (($0.21)) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.

Analyst Upgrades and Downgrades

ONT has been the subject of several recent analyst reports. Berenberg Bank lowered their target price on shares of Oxford Nanopore Technologies from GBX 282 ($3.65) to GBX 250 ($3.24) and set a “buy” rating for the company in a research note on Wednesday, March 19th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Oxford Nanopore Technologies in a research report on Friday, December 6th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 227.50 ($2.95).

Oxford Nanopore Technologies Company Profile

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