Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys £150 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher bought 100 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was bought at an average cost of GBX 150 per share, with a total value of £150.

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

• On Friday, December 12th, Nick Keher acquired 118 shares of Oxford Nanopore Technologies stock. The stock was bought at an average price of GBX 127 per share, with a total value of £149.86.
• On Wednesday, November 12th, Nick Keher bought 104 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average price of GBX 144 per share, with a total value of £149.76.

Oxford Nanopore Technologies Trading Down 1.3%

LON ONT opened at GBX 154 on Friday. The stock’s 50 day moving average is GBX 133.50 and its 200 day moving average is GBX 155.83. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. The firm has a market capitalization of £1.49 billion, a PE ratio of -10.41 and a beta of 0.80. Oxford Nanopore Technologies plc has a twelve month low of GBX 88.60 and a twelve month high of GBX 224.80.

Analysts Set New Price Targets

A number of research firms have commented on ONT. Berenberg Bank reaffirmed a “buy” rating and set a GBX 250 price objective on shares of Oxford Nanopore Technologies in a research note on Monday, January 12th. Peel Hunt reiterated a “hold” rating and issued a GBX 153 price objective on shares of Oxford Nanopore Technologies in a research note on Friday, December 5th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 226.60.

About Oxford Nanopore Technologies

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.