Insider Buying: Oxford Nanopore Technologies plc (LON:ONT) Insider Purchases 102 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher purchased 102 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was bought at an average cost of GBX 146 ($1.91) per share, with a total value of £148.92 ($194.74).

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

• On Tuesday, August 13th, Nick Keher purchased 122 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average cost of GBX 122 ($1.60) per share, for a total transaction of £148.84 ($194.64).
• On Thursday, July 11th, Nick Keher acquired 146 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average price of GBX 103 ($1.35) per share, with a total value of £150.38 ($196.65).

Oxford Nanopore Technologies Price Performance

Shares of LON:ONT opened at GBX 146 ($1.91) on Friday. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. The stock has a market cap of £1.37 billion, a PE ratio of -730.00 and a beta of 0.79. The stock’s fifty day simple moving average is GBX 122.59 and its two-hundred day simple moving average is GBX 115.72. Oxford Nanopore Technologies plc has a 1-year low of GBX 85 ($1.11) and a 1-year high of GBX 229.40 ($3.00).

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ONT shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Nanopore Technologies in a report on Thursday, May 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 260 ($3.40) price objective on shares of Oxford Nanopore Technologies in a report on Friday, June 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 190 ($2.48) target price on shares of Oxford Nanopore Technologies in a report on Wednesday, September 4th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 282 ($3.69) price target on shares of Oxford Nanopore Technologies in a research note on Tuesday, September 3rd. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 235.50 ($3.08).

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.