Gurdial (Gordon) Sanghera Sells 1,203,967 Shares of Oxford Nanopore Technologies plc (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Gurdial (Gordon) Sanghera sold 1,203,967 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The shares were sold at an average price of GBX 92 ($1.16), for a total value of £1,107,649.64 ($1,401,024.08).

Oxford Nanopore Technologies Stock Down 0.8 %

ONT stock opened at GBX 97.20 ($1.23) on Tuesday. The company has a debt-to-equity ratio of 6.47, a current ratio of 5.01 and a quick ratio of 6.01. The company’s 50 day simple moving average is GBX 103.19 and its 200-day simple moving average is GBX 133.26. Oxford Nanopore Technologies plc has a 12 month low of GBX 85 ($1.08) and a 12 month high of GBX 279 ($3.53). The firm has a market capitalization of £838.44 million, a PE ratio of -515.79 and a beta of 0.64.

Analyst Ratings Changes

A number of research firms have recently weighed in on ONT. Citigroup reaffirmed a “buy” rating and set a GBX 210 ($2.66) price target on shares of Oxford Nanopore Technologies in a research note on Friday, April 12th. Royal Bank of Canada reissued an “outperform” rating and set a GBX 260 ($3.29) price target on shares of Oxford Nanopore Technologies in a research note on Friday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 350 ($4.43) price objective on shares of Oxford Nanopore Technologies in a research note on Wednesday, April 17th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Nanopore Technologies in a research report on Thursday, May 23rd. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 293.75 ($3.72).

Oxford Nanopore Technologies Company Profile

Oxford Nanopore Technologies plc engages in the research, development, manufacture, and commercialization of a nanopore based sequencing platform that allows the real-time analysis of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) in the Americas, Europe, the Middle East, Africa, India, and the Asia Pacific.