Nick Keher Acquires 89 Shares of Oxford Nanopore Technologies (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher purchased 89 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was purchased at an average cost of GBX 169 per share, with a total value of £150.41.

Nick Keher also recently made the following trade(s):

• On Wednesday, August 13th, Nick Keher purchased 73 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost of GBX 204 per share, with a total value of £148.92.
• On Monday, July 14th, Nick Keher purchased 101 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost of GBX 149 per share, with a total value of £150.49.

Oxford Nanopore Technologies Trading Down 2.1%

Shares of LON ONT opened at GBX 166.51 on Monday. The stock has a market cap of £1.60 billion, a price-to-earnings ratio of -1,125.09 and a beta of 0.80. The business has a 50 day simple moving average of GBX 185.75 and a 200 day simple moving average of GBX 141.44. Oxford Nanopore Technologies plc has a 52 week low of GBX 88.60 and a 52 week high of GBX 224.80. 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 (LON:ONT) last posted its earnings results on Tuesday, September 2nd. The company reported GBX (7.50) earnings per share for the quarter. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.

Analysts Set New Price Targets

Several research firms recently weighed in on ONT. Deutsche Bank Aktiengesellschaft boosted their target price on Oxford Nanopore Technologies from GBX 190 to GBX 210 and gave the stock a “buy” rating in a report on Thursday. Royal Bank Of Canada upped their price target on Oxford Nanopore Technologies from GBX 250 to GBX 280 and gave the stock an “outperform” rating in a report on Monday, September 8th. Citigroup upped their price target on Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 250 price target on shares of Oxford Nanopore Technologies in a report on Tuesday, September 2nd. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 245.

About Oxford Nanopore Technologies

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.