Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 223.20 ($3.01) and last traded at GBX 221 ($2.98), with a volume of 921155 shares changing hands. The stock had previously closed at GBX 211.60 ($2.86).
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the stock. Royal Bank Of Canada restated an "outperform" rating and set a GBX 250 ($3.38) price target on shares of Oxford Nanopore Technologies in a report on Monday, July 28th. Citigroup upped their price objective on shares of Oxford Nanopore Technologies from GBX 180 ($2.43) to GBX 240 ($3.24) and gave the stock a "buy" rating in a report on Tuesday, August 5th. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 250 ($3.38) price objective on shares of Oxford Nanopore Technologies in a report on Tuesday, July 29th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Oxford Nanopore Technologies currently has an average rating of "Buy" and an average target price of GBX 232.50 ($3.14).
Check Out Our Latest Research Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Trading Up 4.4%
The stock has a market capitalization of £2.10 billion, a P/E ratio of -11.90 and a beta of 0.80. The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01. The business's 50 day simple moving average is GBX 157.40 and its 200-day simple moving average is GBX 132.
About Oxford Nanopore Technologies
(
Get Free Report)
Our goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Oxford Nanopore Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oxford Nanopore Technologies wasn't on the list.
While Oxford Nanopore Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access