Oxford Nanopore Technologies (LON:ONT) Insider Buys £148.39 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys acquired 71 shares of the business’s stock in a transaction that occurred on Thursday, November 12th. The stock was bought at an average cost of GBX 209 per share, for a total transaction of £148.39.

Francis Van Parys also recently made the following trade(s):

• On Wednesday, October 14th, Francis Van Parys bought 70 shares of Oxford Nanopore Technologies stock. The stock was bought at an average price of GBX 215 per share, with a total value of £150.50.
• On Monday, September 14th, Francis Van Parys bought 96 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 157 per share, with a total value of £150.72.

Oxford Nanopore Technologies Stock Performance

Oxford Nanopore Technologies stock traded down GBX 2.40 during trading hours on Friday, reaching GBX 199. 1,129,646 shares of the company were exchanged, compared to its average volume of 9,432,121. Oxford Nanopore Technologies plc has a 12 month low of GBX 95.61 and a 12 month high of GBX 239.60. The company has a current ratio of 3.52, a quick ratio of 6.01 and a debt-to-equity ratio of 9.86. The stock has a 50-day moving average of GBX 197.83 and a 200 day moving average of GBX 144.50. The firm has a market cap of £1.95 billion, a price-to-earnings ratio of -15.92 and a beta of 0.87.

Oxford Nanopore Technologies (LON:ONT) last released its quarterly earnings results on Wednesday, August 19th. The company reported GBX (4.90) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 51.66% and a negative return on equity of 27.36%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ONT. Citigroup downgraded shares of Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. Berenberg Bank decreased their price target on shares of Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a report on Wednesday, August 19th. Deutsche Bank restated a “buy” rating and set a GBX 195 price target on shares of Oxford Nanopore Technologies in a report on Thursday, August 20th. Finally, JPMorgan Chase & Co. raised their price target on Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the company an “overweight” rating in a research report on Thursday, August 27th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 198.60.

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.