Oxford Nanopore Technologies (LON:ONT) Insider Purchases £150.15 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher purchased 105 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was acquired at an average price of GBX 143 per share, for a total transaction of £150.15.

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

• On Wednesday, January 14th, Nick Keher acquired 100 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average cost of GBX 150 per share, with a total value of £150.
• On Friday, December 12th, Nick Keher bought 118 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 127 per share, for a total transaction of £149.86.

Oxford Nanopore Technologies Stock Performance

LON ONT traded down GBX 3.20 on Thursday, hitting GBX 131.80. 42,119,891 shares of the company traded hands, compared to its average volume of 7,166,666. The business’s 50 day moving average price is GBX 141.47 and its 200-day moving average price is GBX 155.38. Oxford Nanopore Technologies plc has a 52-week low of GBX 88.60 and a 52-week high of GBX 224.80. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. The company has a market capitalization of £1.27 billion, a price-to-earnings ratio of -8.91 and a beta of 0.80.

Wall Street Analyst Weigh In

ONT has been the topic of several analyst reports. Royal Bank Of Canada lifted their price target on shares of Oxford Nanopore Technologies from GBX 280 to GBX 300 and gave the company an “outperform” rating in a report on Wednesday, January 21st. Peel Hunt restated a “hold” rating and issued a GBX 153 price objective on shares of Oxford Nanopore Technologies in a research report on Friday, December 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 250 target price on shares of Oxford Nanopore Technologies in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Oxford Nanopore Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 233.60.

Oxford Nanopore Technologies Company Profile

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. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.