Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s share price was up 6% during trading on Monday . The company traded as high as GBX 128.40 ($1.71) and last traded at GBX 122.86 ($1.63). Approximately 76,032,922 shares traded hands during mid-day trading, an increase of 620% from the average daily volume of 10,559,232 shares. The stock had previously closed at GBX 115.90 ($1.54).
Analyst Ratings Changes
Separately, Berenberg Bank decreased their price objective on Oxford Nanopore Technologies from GBX 282 ($3.75) to GBX 250 ($3.32) and set a "buy" rating for the company in a report on Wednesday, March 19th.
Check Out Our Latest Stock Analysis on ONT
Oxford Nanopore Technologies Price 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 company has a fifty day moving average price of GBX 109.93 and a two-hundred day moving average price of GBX 130.36. The company has a market cap of £1.10 billion, a P/E ratio of -6.24 and a beta of 0.80.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share for the quarter. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.
Insider Buying and Selling at Oxford Nanopore Technologies
In related news, insider Kate Priestman acquired 17,726 shares of Oxford Nanopore Technologies stock in a transaction on Tuesday, March 25th. The stock was purchased at an average cost of GBX 112 ($1.49) per share, with a total value of £19,853.12 ($26,396.92). Also, insider John O'Higgins acquired 77,000 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was bought at an average price of GBX 97 ($1.29) per share, for a total transaction of £74,690 ($99,308.60). Insiders bought a total of 94,964 shares of company stock worth $9,484,318 over the last quarter. 32.62% of the stock is currently owned by insiders.
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.
Read More
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
