Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s share price was up 18.1% during trading on Tuesday . The stock traded as high as GBX 177.50 ($2.40) and last traded at GBX 174.80 ($2.36). Approximately 6,697,781 shares were traded during trading, an increase of 4% from the average daily volume of 6,467,186 shares. The stock had previously closed at GBX 147.97 ($2.00).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 250 ($3.38) price objective on shares of Oxford Nanopore Technologies in a research note on Monday.
Read Our Latest Stock Report on ONT
Oxford Nanopore Technologies Stock Performance
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 firm has a market capitalization of £1.97 billion, a price-to-earnings ratio of -11.15 and a beta of 0.80. The firm's fifty day moving average is GBX 135.48 and its 200 day moving average is GBX 126.08.
Insider Transactions at Oxford Nanopore Technologies
In other Oxford Nanopore Technologies news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of Oxford Nanopore Technologies stock in a transaction that occurred on Wednesday, April 30th. The shares were sold at an average price of GBX 119 ($1.61), for a total value of £24,023.72 ($32,451.33). Insiders have purchased 332 shares of company stock valued at $45,170 in the last ninety days. 32.62% of the stock is owned by insiders.
About Oxford Nanopore Technologies
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