Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s share price traded down 12% during trading on Tuesday . The stock traded as low as GBX 159.96 ($2.17) and last traded at GBX 163.10 ($2.21). 7,094,979 shares were traded during mid-day trading, an increase of 22% from the average session volume of 5,798,012 shares. The stock had previously closed at GBX 185.30 ($2.51).
Analysts Set New Price Targets
Several equities research analysts have commented on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 250 target price on shares of Oxford Nanopore Technologies in a report on Tuesday. Citigroup boosted their target price on Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 250 target price on shares of Oxford Nanopore Technologies in a report on Friday. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Oxford Nanopore Technologies has a consensus rating of "Buy" and a consensus target price of GBX 232.50.
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Oxford Nanopore Technologies Price Performance
The firm has a 50 day moving average price of GBX 180.45 and a 200 day moving average price of GBX 138.49. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. The stock has a market cap of £1.55 billion, a P/E ratio of -1,010.00 and a beta of 0.80.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last released its earnings results on Tuesday, September 2nd. The company reported GBX (7.50) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.
Oxford Nanopore Technologies Company Profile
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