Nick Keher Acquires 104 Shares of Oxford Nanopore Technologies (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 104 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was purchased at an average price of GBX 144 per share, with a total value of £149.76.

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

• On Tuesday, October 14th, Nick Keher acquired 100 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 150 per share, for a total transaction of £150.
• On Friday, September 12th, Nick Keher bought 89 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 169 per share, with a total value of £150.41.

Oxford Nanopore Technologies Price Performance

Oxford Nanopore Technologies stock traded down GBX 4.10 during midday trading on Wednesday, reaching GBX 136.30. The company had a trading volume of 43,861,902 shares, compared to its average volume of 5,408,093. The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01. Oxford Nanopore Technologies plc has a 12-month low of GBX 88.60 and a 12-month high of GBX 224.80. The company has a market capitalization of £1.31 billion, a P/E ratio of -9.21 and a beta of 0.80. The firm’s fifty day simple moving average is GBX 150.04 and its 200-day simple moving average is GBX 153.27.

Oxford Nanopore Technologies (LON:ONT) last announced its earnings results on Tuesday, September 2nd. The company reported GBX (7.50) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ONT. Citigroup upped their price target on Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 250 price target on shares of Oxford Nanopore Technologies in a report on Tuesday, September 2nd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Oxford Nanopore Technologies from GBX 190 to GBX 210 and gave the company a “buy” rating in a research report on Thursday, September 11th. Finally, Royal Bank Of Canada raised their price objective on shares of Oxford Nanopore Technologies from GBX 250 to GBX 280 and gave the stock an “outperform” rating in a research report on Monday, September 8th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, Oxford Nanopore Technologies presently has an average rating of “Buy” and an average target price of GBX 245.

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.