Oxford Nanopore Technologies plc (LON:ONT) Insider Buys £148.92 in Stock

Key Points

• Nick Keher, an insider at Oxford Nanopore Technologies, acquired 73 shares at an average price of GBX 204 ($2.77), adding to his previous purchases this year.
• The stock is currently trading at GBX 216.40 ($2.94), with a 12-month low of GBX 88.60 ($1.20) and a high of GBX 224.80 ($3.05).
• Analysts have a consensus rating of "Buy" on the stock, with recent price targets ranging from GBX 240 ($3.26) to GBX 250 ($3.39).

Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Nick Keher bought 73 shares of Oxford Nanopore Technologies stock in a transaction dated Wednesday, August 13th. The shares were bought at an average cost of GBX 204 ($2.77) per share, with a total value of £148.92 ($201.95).

Nick Keher also recently made the following trade(s):

• On Monday, July 14th, Nick Keher bought 101 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 149 ($2.02) per share, with a total value of £150.49 ($204.08).
• On Thursday, June 12th, Nick Keher acquired 119 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average cost of GBX 127 ($1.72) per share, with a total value of £151.13 ($204.95).

Oxford Nanopore Technologies Price Performance

LON:ONT traded down GBX 0.70 ($0.01) during trading hours on Monday, hitting GBX 209.80 ($2.85). The stock had a trading volume of 713,374 shares, compared to its average volume of 6,039,973. The company has a 50 day simple moving average of GBX 163.02 and a two-hundred day simple moving average of GBX 133.40. The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01. The firm has a market capitalization of £1.99 billion, a price-to-earnings ratio of -11.29 and a beta of 0.80. Oxford Nanopore Technologies plc has a one year low of GBX 88.60 ($1.20) and a one year high of GBX 224.80 ($3.05).

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ONT shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 250 ($3.39) price objective on shares of Oxford Nanopore Technologies in a report on Tuesday, July 29th. Citigroup raised their price objective on shares of Oxford Nanopore Technologies from GBX 180 ($2.44) to GBX 240 ($3.25) and gave the stock a "buy" rating in a report on Tuesday, August 5th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 250 ($3.39) price objective on shares of Oxford Nanopore Technologies in a report on Monday, July 28th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of GBX 232.50 ($3.15).

About Oxford Nanopore Technologies

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