Shares of Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) were up 18.2% on Monday . The company traded as high as GBX 177.50 ($2.40) and last traded at GBX 174.90 ($2.36). Approximately 4,845,837 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 6,453,862 shares. The stock had previously closed at GBX 147.97 ($2.00).
Analyst Ratings Changes
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 250 ($3.38) price target on shares of Oxford Nanopore Technologies in a research note on Monday.
Read Our Latest Analysis on ONT
Oxford Nanopore Technologies Stock Up 6.4%
The company has a fifty day moving average of GBX 135.48 and a 200 day moving average of GBX 126.08. The company has a market cap of £1.90 billion, a P/E ratio of -10.78 and a beta of 0.80. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07.
Insider Buying and Selling
In other Oxford Nanopore Technologies news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of the stock in a transaction on Wednesday, April 30th. The stock was sold at an average price of GBX 119 ($1.61), for a total value of £24,023.72 ($32,451.33). In the last quarter, insiders have purchased 332 shares of company stock worth $45,170. 32.62% of the stock is currently owned by company insiders.
About Oxford Nanopore Technologies
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