Francis Van Parys Purchases 114 Shares of Oxford Nanopore Technologies (LON:ONT) Stock

Key Points

• Insider buying: Francis Van Parys purchased 114 Oxford Nanopore Technologies shares at GBX 131 each, worth £149.34. He has also made two similar purchases since June.
• Share performance: The stock fell 2.2% to GBX 127.20 during Wednesday trading, with a market capitalization of approximately £1.24 billion.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with four Buy ratings and one Hold rating and an average price target of GBX 205.75.

Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Francis Van Parys bought 114 shares of the company's stock in a transaction on Wednesday, August 12th. The stock was purchased at an average price of GBX 131 per share, with a total value of £149.34.

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

• On Tuesday, July 14th, Francis Van Parys purchased 124 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average cost of GBX 121 per share, for a total transaction of £150.04.
• On Friday, June 12th, Francis Van Parys purchased 121 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average price of GBX 124 per share, for a total transaction of £150.04.

Oxford Nanopore Technologies Trading Down 2.2%

LON:ONT traded down GBX 2.80 during mid-day trading on Wednesday, hitting GBX 127.20. 1,172,217 shares of the company's stock were exchanged, compared to its average volume of 9,880,152. Oxford Nanopore Technologies plc has a fifty-two week low of GBX 95.61 and a fifty-two week high of GBX 224.80. The company has a current ratio of 3.56, a quick ratio of 6.01 and a debt-to-equity ratio of 8.96. The firm has a market capitalization of £1.24 billion, a P/E ratio of -8.42 and a beta of 0.92. The company has a 50 day simple moving average of GBX 118.88 and a 200-day simple moving average of GBX 124.24.

Analysts Set New Price Targets

ONT has been the topic of several analyst reports. Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 225 price objective on shares of Oxford Nanopore Technologies in a research note on Tuesday, May 26th. Citigroup downgraded Oxford Nanopore Technologies to a "buy" rating in a report on Monday, July 20th. Peel Hunt reiterated a "hold" rating and issued a GBX 153 price target on shares of Oxford Nanopore Technologies in a research report on Monday, July 13th. Finally, Berenberg Bank decreased their price target on Oxford Nanopore Technologies from GBX 230 to GBX 220 and set a "buy" rating for the company in a research note on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 205.75.

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.

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