Oxford Nanopore Technologies (LON:ONT) Stock: Insider Francis Van Parys Acquires 71 Shares

Key Points

• Insider Francis Van Parys bought 71 Oxford Nanopore shares at GBX 209 each, spending £148.39; he also purchased shares in September and October.
• The shares rose 0.5% to GBX 204.12 in Thursday trading, with a reported market capitalization of £2.00 billion.
• Analysts’ consensus is “Moderate Buy”, with an average target price of GBX 198.60; the company reported negative earnings and a net margin of -51.66%.

Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Francis Van Parys purchased 71 shares of the company's stock in a transaction on Thursday, November 12th. The stock was bought at an average price of GBX 209 per share, for a total transaction of £148.39.

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

• On Wednesday, October 14th, Francis Van Parys acquired 70 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 215 per share, for a total transaction of £150.50.
• On Monday, September 14th, Francis Van Parys acquired 96 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 157 per share, for a total transaction of £150.72.

Oxford Nanopore Technologies Stock Up 0.5%

Shares of LON:ONT traded up GBX 1.08 during trading on Thursday, hitting GBX 204.12. 1,384,420 shares of the company were exchanged, compared to its average volume of 9,469,859. The stock has a market capitalization of £2.00 billion, a P/E ratio of -16.33 and a beta of 0.87. The company has a debt-to-equity ratio of 9.86, a current ratio of 3.52 and a quick ratio of 6.01. Oxford Nanopore Technologies plc has a 12-month low of GBX 95.61 and a 12-month high of GBX 239.60. The firm's 50 day moving average price is GBX 197.38 and its 200-day moving average price is GBX 144.35.

Oxford Nanopore Technologies (LON:ONT - Get Free Report) last issued its earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative net margin of 51.66% and a negative return on equity of 27.36%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ONT shares. JPMorgan Chase & Co. boosted their price target on shares of Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the company an "overweight" rating in a research report on Thursday, August 27th. Deutsche Bank reaffirmed a "buy" rating and set a GBX 195 price objective on shares of Oxford Nanopore Technologies in a report on Thursday, August 20th. Berenberg Bank cut their target price on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a "buy" rating on the stock in a research report on Wednesday, August 19th. Finally, Citigroup cut Oxford Nanopore Technologies to a "buy" rating in a research report on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 198.60.

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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