Berenberg Bank reiterated their buy rating on shares of Oxford Nanopore Technologies (LON:ONT – Free Report) in a research note released on Monday morning, Marketbeat Ratings reports. Berenberg Bank currently has a GBX 250 ($3.40) target price on the stock.
Oxford Nanopore Technologies Price Performance
ONT stock opened at GBX 183.23 ($2.49) on Monday. The company has a fifty day moving average price of GBX 134.03 and a 200-day moving average price of GBX 125.62. The company has a market capitalization of £1.74 billion, a P/E ratio of -9.86 and a beta of 0.80. Oxford Nanopore Technologies has a 52-week low of GBX 88.60 ($1.20) and a 52-week high of GBX 189.70 ($2.58). The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45.
Insiders Place Their Bets
In related news, insider Gurdial (Gordon) Sanghera sold 20,188 shares of Oxford Nanopore Technologies stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of GBX 119 ($1.62), for a total transaction of £24,023.72 ($32,640.92). Insiders have acquired a total of 332 shares of company stock worth $45,170 over the last ninety days. 32.62% of the stock is owned by company insiders.
About Oxford Nanopore Technologies
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