Insider Buying: Oxford Nanopore Technologies plc (LON:ONT) Insider Acquires £19,853.12 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Kate Priestman bought 17,726 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was acquired at an average price of GBX 112 ($1.45) per share, for a total transaction of £19,853.12 ($25,696.51).

Oxford Nanopore Technologies Stock Up 0.6 %

ONT stock opened at GBX 105.30 ($1.36) on Friday. The stock has a 50-day simple moving average of GBX 120.56 and a two-hundred day simple moving average of GBX 135.59. Oxford Nanopore Technologies plc has a twelve month low of GBX 85 ($1.10) and a twelve month high of GBX 169.20 ($2.19). The firm has a market capitalization of £999.35 million, a PE ratio of -5.67 and a beta of 0.80. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07.

Oxford Nanopore Technologies (LON:ONT) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX (16) (($0.21)) 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 Analysts Forecast Growth

ONT has been the subject of several analyst reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Berenberg Bank decreased their price target on Oxford Nanopore Technologies from GBX 282 ($3.65) to GBX 250 ($3.24) and set a “buy” rating for the company in a research report on Wednesday, March 19th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 227.50 ($2.94).

Oxford Nanopore Technologies Company Profile

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