Shares of Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) rose 18.1% during mid-day trading on Monday . The company traded as high as GBX 177.50 ($2.39) 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 ($1.99).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank restated a "buy" rating and set a GBX 250 ($3.37) price objective on shares of Oxford Nanopore Technologies in a report on Monday.
View Our Latest Report on ONT
Oxford Nanopore Technologies Stock Performance
The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45. The firm's 50 day moving average is GBX 131.39 and its 200-day moving average is GBX 124.56. The firm has a market cap of £1.66 billion, a price-to-earnings ratio of -9.41 and a beta of 0.80.
Insider Activity
In other Oxford Nanopore Technologies news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of the business's stock in a transaction dated 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). In the last quarter, insiders have bought 332 shares of company stock worth $45,170. Insiders own 32.62% of the company's stock.
Oxford Nanopore Technologies Company Profile
(
Get Free Report)
Our goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Oxford Nanopore Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oxford Nanopore Technologies wasn't on the list.
While Oxford Nanopore Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
