Kate Priestman Acquires 17,726 Shares of Oxford Nanopore Technologies plc (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Kate Priestman bought 17,726 shares of the stock in a transaction dated Tuesday, March 25th. The stock was acquired at an average price of GBX 112 ($1.45) per share, with a total value of £19,853.12 ($25,703.16).

Oxford Nanopore Technologies Trading Up 2.0 %

LON:ONT traded up GBX 2 ($0.03) on Wednesday, hitting GBX 103.70 ($1.34). 74,868,016 shares of the stock were exchanged, compared to its average volume of 11,940,247. The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45. Oxford Nanopore Technologies plc has a 52 week low of GBX 85 ($1.10) and a 52 week high of GBX 169.20 ($2.19). The stock has a market capitalization of £984.16 million, a price-to-earnings ratio of -5.58 and a beta of 0.80. The company’s 50-day moving average price is GBX 122.97 and its 200 day moving average price is GBX 136.35.

Oxford Nanopore Technologies (LON:ONT) 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%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Berenberg Bank decreased their price objective on shares of Oxford Nanopore Technologies from GBX 282 ($3.65) to GBX 250 ($3.24) and set a “buy” rating on the stock in a report on Wednesday, March 19th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 227.50 ($2.95).

Oxford Nanopore Technologies Company Profile

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