Insider Buying: Oxford Nanopore Technologies plc (LON:ONT) Insider Buys 17,726 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Kate Priestman acquired 17,726 shares of the business’s stock in a transaction dated Tuesday, March 25th. The shares were acquired at an average cost of GBX 112 ($1.45) per share, with a total value of £19,853.12 ($25,696.51).

Oxford Nanopore Technologies Stock Up 0.6 %

Shares of ONT opened at GBX 105.30 ($1.36) on Friday. Oxford Nanopore Technologies plc has a 1 year low of GBX 85 ($1.10) and a 1 year high of GBX 169.20 ($2.19). 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 stock has a 50 day simple moving average of GBX 120.56 and a two-hundred day simple moving average of GBX 135.59. The firm has a market cap of £999.35 million, a P/E ratio of -5.67 and a beta of 0.80.

Oxford Nanopore Technologies (LON:ONT) last announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Nanopore Technologies in a research report on Friday, December 6th. Berenberg Bank lowered 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 research report on Wednesday, March 19th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 227.50 ($2.94).

About Oxford Nanopore Technologies

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