Oxford Nanopore Technologies (LON:ONT) Trading 14.6% Higher - Still a Buy?

Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shares traded up 14.6% during mid-day trading on Monday . The stock traded as high as GBX 176.50 ($2.37) and last traded at GBX 169.58 ($2.27). 631,363 shares traded hands during trading, a decline of 90% from the average session volume of 6,423,542 shares. The stock had previously closed at GBX 147.97 ($1.98).

Oxford Nanopore Technologies Stock Up 14.0%

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 stock has a market capitalization of £1.60 billion, a P/E ratio of -9.08 and a beta of 0.80. The firm has a 50 day moving average of GBX 131.39 and a 200-day moving average of GBX 124.56.

Insider Transactions at Oxford Nanopore Technologies

In related news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of the business's stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of GBX 119 ($1.60), for a total transaction of £24,023.72 ($32,224.98). Insiders bought 332 shares of company stock worth $45,170 in the last 90 days. Insiders own 32.62% of the company's stock.

Oxford Nanopore Technologies Company Profile

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