Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Purchases £24,826.50 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher bought 15,325 shares of the company’s stock in a transaction on Friday, September 4th. The stock was bought at an average price of GBX 162 per share, for a total transaction of £24,826.50.

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

• On Wednesday, August 12th, Nick Keher purchased 115 shares of Oxford Nanopore Technologies stock. The shares were bought at an average price of GBX 131 per share, with a total value of £150.65.
• On Tuesday, July 14th, Nick Keher purchased 123 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 121 per share, for a total transaction of £148.83.
• On Friday, June 12th, Nick Keher purchased 121 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 124 per share, for a total transaction of £150.04.

Oxford Nanopore Technologies Price Performance

Oxford Nanopore Technologies stock opened at GBX 158.76 on Monday. The company has a market cap of £1.55 billion, a price-to-earnings ratio of -10.51 and a beta of 0.91. The company has a current ratio of 3.52, a quick ratio of 6.01 and a debt-to-equity ratio of 9.86. Oxford Nanopore Technologies plc has a 12 month low of GBX 95.61 and a 12 month high of GBX 191.40. The business’s 50 day simple moving average is GBX 131.26 and its 200 day simple moving average is GBX 124.81.

Oxford Nanopore Technologies (LON:ONT) last issued its earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative return on equity of 35.45% and a negative net margin of 54.66%.

Wall Street Analysts Forecast Growth

ONT has been the topic of several analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 225 price objective on shares of Oxford Nanopore Technologies in a research report on Tuesday, May 26th. Peel Hunt reissued a “hold” rating and issued a GBX 153 target price on shares of Oxford Nanopore Technologies in a report on Monday, July 13th. JPMorgan Chase & Co. boosted their price target on Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Berenberg Bank lowered their price target on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Finally, Citigroup downgraded Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.