Oxford Nanopore Technologies (LON:ONT) Insider Nick Keher Acquires 123 Shares

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 123 shares of the stock in a transaction dated Tuesday, July 14th. The shares were purchased at an average price of GBX 121 per share, for a total transaction of £148.83.

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

• On Friday, June 12th, Nick Keher bought 121 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost of GBX 124 per share, with a total value of £150.04.
• On Wednesday, May 13th, Nick Keher purchased 134 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average price of GBX 113 per share, for a total transaction of £151.42.
• On Monday, May 11th, Nick Keher purchased 22,018 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average cost of GBX 113 per share, for a total transaction of £24,880.34.

Oxford Nanopore Technologies Price Performance

Shares of Oxford Nanopore Technologies stock traded up GBX 1.41 during trading on Tuesday, hitting GBX 117.41. 71,752,906 shares of the company’s stock traded hands, compared to its average volume of 11,785,396. The company has a market cap of £1.15 billion, a PE ratio of -7.78 and a beta of 0.92. The firm’s fifty day moving average price is GBX 123.27 and its 200 day moving average price is GBX 127.97. Oxford Nanopore Technologies plc has a twelve month low of GBX 95.61 and a twelve month high of GBX 224.80. The company has a debt-to-equity ratio of 8.96, a current ratio of 3.56 and a quick ratio of 6.01.

Wall Street Analyst Weigh In

ONT has been the subject of several recent analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 225 price objective on shares of Oxford Nanopore Technologies in a research note on Tuesday, May 26th. Citigroup lowered shares of Oxford Nanopore Technologies to a “buy” rating in a research report on Friday. Berenberg Bank dropped their price objective on shares of Oxford Nanopore Technologies from GBX 230 to GBX 220 and set a “buy” rating for the company in a report on Monday. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 153 target price on shares of Oxford Nanopore Technologies in a report on Monday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 212.60.

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.