Shares of Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) were up 0.8% on Wednesday . The company traded as high as GBX 115.70 and last traded at GBX 113.68. Approximately 1,325,390 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 11,525,309 shares. The stock had previously closed at GBX 112.80.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 250 price target on shares of Oxford Nanopore Technologies in a research note on Thursday, January 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 225 price target on shares of Oxford Nanopore Technologies in a research note on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the company a "buy" rating in a research report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 218.60.
View Our Latest Report on ONT
Oxford Nanopore Technologies Trading Up 0.1%
The company has a market cap of £1.10 billion, a P/E ratio of -7.53 and a beta of 0.88. The company has a quick ratio of 6.01, a current ratio of 3.56 and a debt-to-equity ratio of 8.96. The business has a 50-day moving average price of GBX 117.97 and a two-hundred day moving average price of GBX 131.33.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last released its quarterly earnings data on Monday, March 2nd. The company reported GBX (15.10) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 64.85% and a negative return on equity of 29.43%.
Insider Buying and Selling
In related news, insider Nick Keher sold 22,993 shares of the company's stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of GBX 108, for a total value of £24,832.44. Insiders bought a total of 498 shares of company stock valued at $59,939 in the last ninety days. Corporate insiders own 2.53% of the company's stock.
About Oxford Nanopore Technologies
(
Get Free Report)
Oxford Nanopore Technologies' goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
