Oxford Nanopore Technologies plc (OTCMKTS:ONTTF – Get Free Report) was up 7.6% during mid-day trading on Thursday. The company traded as high as $2.90 and last traded at $2.90. Approximately 6,000 shares traded hands during trading, a decline of 81% from the average daily volume of 32,181 shares. The stock had previously closed at $2.6950.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of Oxford Nanopore Technologies in a research report on Wednesday, September 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Oxford Nanopore Technologies in a research report on Tuesday, September 22nd. Panmure Gordon upgraded Oxford Nanopore Technologies to a “buy” rating in a research report on Monday, August 24th. Finally, Citigroup reaffirmed a “buy” rating on shares of Oxford Nanopore Technologies in a research note on Monday, September 28th. Four equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Oxford Nanopore Technologies currently has an average rating of “Buy”.
Get Our Latest Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Stock Performance
The business’s 50-day simple moving average is $2.34 and its 200 day simple moving average is $1.87.
Oxford Nanopore Technologies Company Profile
Oxford Nanopore Technologies plc is a United Kingdom-based biotechnology company that develops and supplies nanopore-based DNA and RNA sequencing technologies. Its platforms are designed to analyze nucleic acids in real time, supporting applications in research, clinical studies, infectious disease surveillance, cancer research, agriculture and environmental monitoring.
The company’s product portfolio includes portable MinION and GridION sequencing devices, as well as the higher-throughput PromethION platform.
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