Oxford Nanopore Technologies (LON:ONT) Stock: Insider Adrian Nevil Hennah Acquires 24,000 Shares

Oxford Nanopore Technologies plc (LON:ONT) insider Adrian Nevil Hennah acquired 24,000 shares of the firm’s stock in a transaction on Monday, October 12th. The stock was purchased at an average price of GBX 216 per share, with a total value of £51,840.

Oxford Nanopore Technologies Stock Performance

Shares of ONT stock opened at GBX 215.15 on Wednesday. Oxford Nanopore Technologies plc has a 12 month low of GBX 95.61 and a 12 month high of GBX 238.80. The stock has a market cap of £2.11 billion, a PE ratio of -17.21 and a beta of 0.87. The company has a current ratio of 3.52, a quick ratio of 6.01 and a debt-to-equity ratio of 9.86. The company’s fifty day moving average price is GBX 169.50 and its 200-day moving average price is GBX 136.77.

Oxford Nanopore Technologies (LON:ONT) last issued its quarterly earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative return on equity of 35.45% and a negative net margin of 54.66%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Peel Hunt reaffirmed a “hold” rating and set a GBX 153 target price on shares of Oxford Nanopore Technologies in a research note on Monday, July 13th. Citigroup cut Oxford Nanopore Technologies to a “buy” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. boosted their price target on Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 195 price target on shares of Oxford Nanopore Technologies in a research note on Thursday, August 20th. Finally, Berenberg Bank reduced their price objective on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 198.60.

Oxford Nanopore Technologies Company Profile

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.