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

Oxford Nanopore Technologies plc (LON:ONT) insider Kate Priestman bought 17,726 shares of Oxford Nanopore Technologies stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased 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 1.2 %

Shares of LON:ONT opened at GBX 105.10 ($1.36) on Friday. The company’s fifty day moving average is GBX 121.33 and its 200-day moving average is GBX 135.85. 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 52 week low of GBX 85 ($1.10) and a 52 week high of GBX 169.20 ($2.19). The company has a market capitalization of £997.45 million, a PE ratio of -5.66 and a beta of 0.80.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ONT shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Berenberg Bank cut their price target 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. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 227.50 ($2.95).

Oxford Nanopore Technologies Company Profile

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