Oxford Nanopore Technologies (LON:ONT) Insider Buys £150.41 in Stock

Key Points

• Insider Nick Keher purchased 89 shares of Oxford Nanopore Technologies at an average price of GBX 169 per share, totaling £150.41.
• The company's stock has seen a 2.1% decline with a current trading price of GBX 166.51, compared to its one-year high of GBX 224.80.
• Analysts have a consensus buy rating for the stock, with target prices ranging from GBX 210 to GBX 280, indicating optimism about its future performance.

Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Nick Keher purchased 89 shares of Oxford Nanopore Technologies stock in a transaction dated Friday, September 12th. The shares were purchased at an average price of GBX 169 per share, for a total transaction of £150.41.

Nick Keher also recently made the following trade(s):

• On Wednesday, August 13th, Nick Keher bought 73 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average price of GBX 204 per share, for a total transaction of £148.92.
• On Monday, July 14th, Nick Keher purchased 101 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average price of GBX 149 per share, with a total value of £150.49.

Oxford Nanopore Technologies Trading Down 2.1%

LON:ONT traded down GBX 3.49 during trading hours on Friday, hitting GBX 166.51. 1,519,428 shares of the company were exchanged, compared to its average volume of 5,791,452. The stock has a market capitalization of £1.60 billion, a price-to-earnings ratio of -1,125.09 and a beta of 0.80. Oxford Nanopore Technologies plc has a one year low of GBX 88.60 and a one year high of GBX 224.80. The company has a fifty day simple moving average of GBX 185.37 and a 200 day simple moving average of GBX 140.62. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07.

Oxford Nanopore Technologies (LON:ONT - Get Free Report) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported GBX (7.50) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.

Analyst Ratings Changes

A number of analysts have commented on ONT shares. Royal Bank Of Canada upped their price target on shares of Oxford Nanopore Technologies from GBX 250 to GBX 280 and gave the company an "outperform" rating in a research report on Monday. Citigroup upped their target price on Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their target price on Oxford Nanopore Technologies from GBX 190 to GBX 210 and gave the stock a "buy" rating in a report on Thursday. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 250 price target on shares of Oxford Nanopore Technologies in a research note on Tuesday, September 2nd. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 245.

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.

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