Oxford Nanopore Technologies (LON:ONT - Get Free Report)'s stock had its "buy" rating reiterated by Citigroup in a report released on Friday, LSE.Co.UK reports. They currently have a GBX 210 ($2.66) price target on the stock. Citigroup's price target would indicate a potential upside of 96.26% from the stock's current price.
Oxford Nanopore Technologies Stock Performance
Shares of ONT traded down GBX 1.90 ($0.02) during mid-day trading on Friday, hitting GBX 107 ($1.35). The stock had a trading volume of 534,204 shares, compared to its average volume of 836,718. The company has a market cap of £919.67 million, a PE ratio of -713.33 and a beta of 0.61. Oxford Nanopore Technologies has a fifty-two week low of GBX 107 ($1.35) and a fifty-two week high of GBX 279 ($3.53). The company has a quick ratio of 6.01, a current ratio of 5.01 and a debt-to-equity ratio of 6.47. The company's fifty day simple moving average is GBX 136.31 and its two-hundred day simple moving average is GBX 172.13.
Insider Buying and Selling
In related news, insider Gurdial (Gordon) Sanghera purchased 39,196 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The shares were acquired at an average price of GBX 127 ($1.61) per share, with a total value of £49,778.92 ($63,003.32). In the last 90 days, insiders have purchased 39,421 shares of company stock valued at $5,007,852. Insiders own 30.06% of the company's stock.
About Oxford Nanopore Technologies
(
Get Free Report)
Oxford Nanopore Technologies plc engages in the research, development, manufacture, and commercialization of a nanopore based sequencing platform that allows the real-time analysis of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) in the Americas, Europe, the Middle East, Africa, India, and the Asia Pacific.
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