Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys £149.86 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher bought 118 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was purchased at an average price of GBX 127 per share, for a total transaction of £149.86.

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

• On Wednesday, November 12th, Nick Keher purchased 104 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average cost of GBX 144 per share, with a total value of £149.76.
• On Tuesday, October 14th, Nick Keher purchased 100 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average cost of GBX 150 per share, with a total value of £150.

Oxford Nanopore Technologies Stock Performance

LON:ONT opened at GBX 124.40 on Monday. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. Oxford Nanopore Technologies plc has a twelve month low of GBX 88.60 and a twelve month high of GBX 224.80. The stock has a market cap of £1.20 billion, a P/E ratio of -8.41 and a beta of 0.80. The firm’s fifty day simple moving average is GBX 136.94 and its 200 day simple moving average is GBX 154.19.

Wall Street Analyst Weigh In

ONT has been the topic of a number of research analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 250 price target on shares of Oxford Nanopore Technologies in a research note on Tuesday, September 2nd. Royal Bank Of Canada boosted their target price on shares of Oxford Nanopore Technologies from GBX 250 to GBX 280 and gave the stock an “outperform” rating in a research note on Monday, September 8th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Oxford Nanopore Technologies from GBX 190 to GBX 210 and gave the stock a “buy” rating in a report on Thursday, September 11th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 245.

About Oxford Nanopore Technologies

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.