Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys £150.50 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys acquired 70 shares of the company’s stock in a transaction that occurred on Wednesday, October 14th. The stock was bought at an average cost of GBX 215 per share, with a total value of £150.50.

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

• On Monday, September 14th, Francis Van Parys bought 96 shares of Oxford Nanopore Technologies stock. The stock was bought at an average price of GBX 157 per share, for a total transaction of £150.72.
• On Wednesday, August 12th, Francis Van Parys bought 114 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 131 per share, for a total transaction of £149.34.

Oxford Nanopore Technologies Stock Down 3.3%

Shares of LON:ONT opened at GBX 202.74 on Friday. The company has a fifty day moving average of GBX 174.71 and a 200-day moving average of GBX 138.54. The company has a market capitalization of £1.98 billion, a PE ratio of -16.22 and a beta of 0.87. The company has a debt-to-equity ratio of 9.86, a quick ratio of 6.01 and a current ratio of 3.52. Oxford Nanopore Technologies plc has a 52-week low of GBX 95.61 and a 52-week high of GBX 238.80.

Oxford Nanopore Technologies (LON:ONT) last announced its quarterly earnings results on Wednesday, August 19th. The company reported GBX (4.90) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 54.66% and a negative return on equity of 35.45%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ONT. JPMorgan Chase & Co. upped their target price on 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 Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. Citigroup cut Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 195 price target on shares of Oxford Nanopore Technologies in a report on Thursday, August 20th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 153 price objective on shares of Oxford Nanopore Technologies in a research note on Monday, July 13th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Oxford Nanopore Technologies presently has an average rating of “Moderate Buy” and an average target price 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.