Oxford Nanopore Technologies (LON:ONT) Insider Acquires £150.29 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys bought 133 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of GBX 113 per share, with a total value of £150.29.

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

• On Tuesday, April 14th, Francis Van Parys acquired 136 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average cost of GBX 110 per share, for a total transaction of £149.60.

Oxford Nanopore Technologies Trading Up 1.5%

ONT stock traded up GBX 1.73 during trading on Wednesday, hitting GBX 119.63. The company had a trading volume of 1,612,676 shares, compared to its average volume of 10,989,578. The stock has a market cap of £1.16 billion, a PE ratio of -7.92 and a beta of 0.87. The business has a 50-day moving average of GBX 116.53 and a 200-day moving average of GBX 130.56. The company has a current ratio of 3.56, a quick ratio of 6.01 and a debt-to-equity ratio of 8.96. Oxford Nanopore Technologies plc has a one year low of GBX 104 and a one year high of GBX 224.80.

Oxford Nanopore Technologies (LON:ONT) last posted its quarterly earnings data on Monday, March 2nd. The company reported GBX (15.10) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 64.85% and a negative return on equity of 29.43%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ONT. Berenberg Bank reaffirmed a “buy” rating and set a GBX 250 target price on shares of Oxford Nanopore Technologies in a research note on Thursday, January 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 225 target price on shares of Oxford Nanopore Technologies in a report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 218.60.

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. 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.