Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s stock price shot up 6% on Monday . The stock traded as high as GBX 128.40 ($1.71) and last traded at GBX 122.86 ($1.63). 76,032,922 shares traded hands during trading, an increase of 620% from the average session volume of 10,559,232 shares. The stock had previously closed at GBX 115.90 ($1.54).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank lowered their price target on Oxford Nanopore Technologies from GBX 282 ($3.75) to GBX 250 ($3.32) and set a "buy" rating for the company in a report on Wednesday, March 19th.
Read Our Latest Analysis on Oxford Nanopore Technologies
Oxford Nanopore Technologies Price Performance
The company has a market cap of £1.10 billion, a price-to-earnings ratio of -6.24 and a beta of 0.80. The company's 50-day simple moving average is GBX 109.93 and its 200-day simple moving average is GBX 130.36. The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last released its quarterly earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) 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%.
Insider Buying and Selling
In related news, insider Kate Priestman acquired 17,726 shares of the firm's stock in a transaction on Tuesday, March 25th. The stock was bought at an average cost of GBX 112 ($1.49) per share, with a total value of £19,853.12 ($26,396.92). Also, insider John O'Higgins acquired 77,000 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of GBX 97 ($1.29) per share, for a total transaction of £74,690 ($99,308.60). Over the last 90 days, insiders have acquired 94,964 shares of company stock worth $9,484,318. 32.62% of the stock is currently owned by corporate insiders.
Oxford Nanopore Technologies Company Profile
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