Oxford Nanopore Technologies plc (OTCMKTS:ONTTF – Get Free Report)’s share price traded up 1.7% on Friday. The stock traded as high as $2.8060 and last traded at $2.8060. 604 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 30,718 shares. The stock had previously closed at $2.76.
Analyst Ratings Changes
Several equities analysts have recently commented on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Oxford Nanopore Technologies in a report on Wednesday, September 30th. Citigroup reiterated a “buy” rating on shares of Oxford Nanopore Technologies in a report on Monday, September 28th. Panmure Gordon raised Oxford Nanopore Technologies to a “buy” rating in a research report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Oxford Nanopore Technologies in a research note on Tuesday, September 22nd. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on Oxford Nanopore Technologies
Oxford Nanopore Technologies Stock Up 1.7%
The business’s fifty day simple moving average is $2.59 and its two-hundred day simple moving average is $1.94.
Oxford Nanopore Technologies Company Profile
Oxford Nanopore Technologies plc is a UK-based life sciences company that develops and supplies DNA and RNA sequencing technology. Founded in 2005, the company is known for nanopore sequencing, which reads genetic material by measuring changes in electrical current as molecules pass through tiny pores. Its technology can provide real-time sequencing data and is designed for applications including research, clinical testing and public health.
The company offers sequencing devices in a range of sizes, from portable systems such as MinION to higher-throughput platforms such as PromethION.
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