Oxford Nanopore Technologies (LON:ONT) Insider Buys £149.76 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 104 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average price of GBX 144 per share, for a total transaction of £149.76.

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

• On Tuesday, October 14th, Nick Keher acquired 100 shares of Oxford Nanopore Technologies stock. The shares were bought at an average price of GBX 150 per share, with a total value of £150.
• On Friday, September 12th, Nick Keher acquired 89 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average price of GBX 169 per share, with a total value of £150.41.

Oxford Nanopore Technologies Trading Down 2.5%

Shares of LON:ONT opened at GBX 130.90 on Friday. The company has a market capitalization of £1.26 billion, a PE ratio of -8.84 and a beta of 0.80. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. Oxford Nanopore Technologies plc has a 12-month low of GBX 88.60 and a 12-month high of GBX 224.80. The business’s fifty day simple moving average is GBX 148.29 and its 200-day simple moving average is GBX 153.10.

Oxford Nanopore Technologies (LON:ONT) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported GBX (7.50) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.

Analyst Ratings Changes

Several research analysts recently weighed in on ONT shares. Royal Bank Of Canada increased their price objective on Oxford Nanopore Technologies from GBX 250 to GBX 280 and gave the stock an “outperform” rating in a research report on Monday, September 8th. Deutsche Bank Aktiengesellschaft increased their price target on Oxford Nanopore Technologies from GBX 190 to GBX 210 and gave the stock a “buy” rating in a report on Thursday, September 11th. Citigroup boosted their price objective on shares of Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 250 target price on shares of Oxford Nanopore Technologies in a research report on Tuesday, September 2nd. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 245.

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.