Berenberg Bank reiterated their buy rating on shares of Oxford Nanopore Technologies (LON:ONT - Free Report) in a report published on Monday morning, Marketbeat.com reports. They currently have a GBX 250 ($3.40) target price on the stock.
Oxford Nanopore Technologies Trading Up 6.4%
Shares of LON ONT traded up GBX 11.98 ($0.16) during trading on Monday, reaching GBX 200.18 ($2.72). The company had a trading volume of 6,761,384 shares, compared to its average volume of 6,483,282. The company's fifty day moving average price is GBX 134.03 and its 200-day moving average price is GBX 125.62. Oxford Nanopore Technologies has a 12 month low of GBX 88.60 ($1.20) and a 12 month high of GBX 204.20 ($2.77). The stock has a market cap of £1.90 billion, a P/E ratio of -10.78 and a beta of 0.80. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07.
Insiders Place Their Bets
In related news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of the company's stock in a transaction that occurred on Wednesday, April 30th. The stock was sold at an average price of GBX 119 ($1.62), for a total transaction of £24,023.72 ($32,640.92). Over the last 90 days, insiders purchased 332 shares of company stock worth $45,170. 32.62% of the stock is currently owned by corporate insiders.
About Oxford Nanopore Technologies
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