Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shares traded up 7.8% during trading on Friday . The company traded as high as GBX 136.90 ($1.88) and last traded at GBX 136.14 ($1.87). 10,587,967 shares were traded during mid-day trading, an increase of 49% from the average session volume of 7,089,277 shares. The stock had previously closed at GBX 126.30 ($1.73).
Analysts Set New Price Targets
Separately, Berenberg Bank lowered their target price on Oxford Nanopore Technologies from GBX 282 ($3.87) to GBX 250 ($3.43) and set a "buy" rating for the company in a research note on Wednesday, March 19th.
Get Our Latest Report on ONT
Oxford Nanopore Technologies Trading Up 0.5%
The company has a market cap of £1.29 billion, a PE ratio of -7.33 and a beta of 0.80. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. The stock has a 50 day moving average price of GBX 123.57 and a 200 day moving average price of GBX 124.10.
Insider Buying and Selling 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 on Wednesday, April 30th. The stock was sold at an average price of GBX 119 ($1.63), for a total transaction of £24,023.72 ($32,967.92). Over the last 90 days, insiders purchased 360 shares of company stock worth $45,085. 32.62% of the stock is owned by insiders.
About Oxford Nanopore Technologies
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