NIOX Group (LON:NIOX) Receives Buy Rating from Berenberg Bank

NIOX Group (LON:NIOX)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 90 ($1.19) target price on the stock. Berenberg Bank’s target price suggests a potential upside of 50.05% from the stock’s current price.

NIOX Group Stock Up 0.3 %

LON NIOX traded up GBX 0.18 ($0.00) during trading hours on Tuesday, hitting GBX 59.98 ($0.79). 3,839,065 shares of the company traded hands, compared to its average volume of 1,157,542. NIOX Group has a twelve month low of GBX 53.40 ($0.70) and a twelve month high of GBX 80 ($1.05). The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.94 and a current ratio of 6.31. The business’s 50-day moving average is GBX 65.67 and its 200-day moving average is GBX 63.99. The stock has a market capitalization of £24.63 billion, a price-to-earnings ratio of 2,475.27 and a beta of 0.92.

NIOX Group (LON:NIOX) last announced its quarterly earnings data on Tuesday, April 1st. The company reported GBX 2.27 ($0.03) EPS for the quarter. NIOX Group had a net margin of 28.21% and a return on equity of 13.29%. Sell-side analysts anticipate that NIOX Group will post 1.1658256 earnings per share for the current year.

Insider Buying and Selling at NIOX Group

In other NIOX Group news, insider Jonathan Emms bought 127,454 shares of NIOX Group stock in a transaction dated Tuesday, April 1st. The stock was bought at an average price of GBX 8 ($0.11) per share, with a total value of £10,196.32 ($13,444.51). Corporate insiders own 46.72% of the company’s stock.

NIOX Group Company Profile

NIOX Group Plc engages in the design, development, and commercialization of medical devices for the measurement of fractional exhaled nitric oxide (FeNo) worldwide. Its products include NIOX VERO, a non-invasive and point-of-care system that comprises a small portable device and a range of consumables, including sensors, individual disposable mouthpieces, and breathing handles for the measurement of FeNo level in patients.