Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shot up 18.1% during mid-day trading on Monday . The stock traded as high as GBX 177.50 ($2.39) and last traded at GBX 174.80 ($2.36). 6,697,781 shares were traded during mid-day trading, an increase of 4% from the average session volume of 6,467,186 shares. The stock had previously closed at GBX 147.97 ($1.99).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and set a GBX 250 ($3.37) price target on shares of Oxford Nanopore Technologies in a report on Monday.
Read Our Latest Analysis on Oxford Nanopore Technologies
Oxford Nanopore Technologies Price Performance
The company's 50-day simple moving average is GBX 131.39 and its 200 day simple moving average is GBX 124.56. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. The company has a market capitalization of £1.66 billion, a P/E ratio of -9.41 and a beta of 0.80.
Insider Transactions at Oxford Nanopore Technologies
In other news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of the company's stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of GBX 119 ($1.60), for a total value of £24,023.72 ($32,385.71). Insiders have purchased 332 shares of company stock valued at $45,170 over the last quarter. Company insiders own 32.62% of the company's stock.
Oxford Nanopore Technologies Company Profile
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