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Oxford Nanopore Technologies (LON:ONT) Shares Up 14% - Time to Buy?

Oxford Nanopore Technologies logo with Medical background

Shares of Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shot up 14% on Monday . The stock traded as high as GBX 176.50 ($2.37) and last traded at GBX 168.70 ($2.26). 842,518 shares were traded during mid-day trading, a decline of 87% from the average session volume of 6,425,062 shares. The stock had previously closed at GBX 147.97 ($1.98).

Oxford Nanopore Technologies Stock Up 14.0%

The firm has a 50 day simple moving average of GBX 131.39 and a two-hundred day simple moving average of GBX 124.56. The company has a market capitalization of £1.60 billion, a PE ratio of -9.08 and a beta of 0.80. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07.

Insider Buying and Selling at Oxford Nanopore Technologies

In other news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of the firm's stock in a transaction that occurred on Wednesday, April 30th. The stock was sold at an average price of GBX 119 ($1.60), for a total value of £24,023.72 ($32,224.98). In the last quarter, insiders purchased 332 shares of company stock valued at $45,170. Company insiders own 32.62% of the company's stock.

Oxford Nanopore Technologies Company Profile

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