Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Acquires £150.04 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher purchased 121 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were purchased at an average price of GBX 124 per share, with a total value of £150.04.

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

• On Thursday, February 12th, Nick Keher bought 105 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average price of GBX 143 per share, with a total value of £150.15.
• On Wednesday, January 14th, Nick Keher bought 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.
• On Friday, December 12th, Nick Keher purchased 118 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average price of GBX 127 per share, for a total transaction of £149.86.

Oxford Nanopore Technologies Price Performance

Oxford Nanopore Technologies stock opened at GBX 115.80 on Friday. The firm’s fifty day moving average is GBX 140.57 and its 200 day moving average is GBX 142.51. The company has a market cap of £1.12 billion, a price-to-earnings ratio of -7.82 and a beta of 0.83. The company has a quick ratio of 6.01, a current ratio of 3.56 and a debt-to-equity ratio of 8.96. Oxford Nanopore Technologies plc has a 52-week low of GBX 96.35 and a 52-week high of GBX 224.80.

Oxford Nanopore Technologies (LON:ONT) last released its earnings results on Monday, March 2nd. The company reported GBX (15.10) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 64.85% and a negative return on equity of 29.43%.

Analyst Ratings Changes

A number of research firms have recently issued reports on ONT. Berenberg Bank restated a “buy” rating and set a GBX 250 price objective on shares of Oxford Nanopore Technologies in a research report on Thursday, January 22nd. Peel Hunt reissued a “hold” rating and issued a GBX 153 price target on shares of Oxford Nanopore Technologies in a report on Friday, December 5th. Royal Bank Of Canada increased their price objective on shares of Oxford Nanopore Technologies from GBX 280 to GBX 300 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the company a “buy” rating in a research report 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 stock. According to MarketBeat, Oxford Nanopore Technologies presently has an average rating of “Moderate Buy” and a consensus target price 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.