Kate Priestman Purchases 17,726 Shares of Oxford Nanopore Technologies plc (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Kate Priestman purchased 17,726 shares of the stock in a transaction on Tuesday, March 25th. The shares were bought at an average price of GBX 112 ($1.45) per share, for a total transaction of £19,853.12 ($25,703.16).

Oxford Nanopore Technologies Stock Up 1.2 %

ONT opened at GBX 105.10 ($1.36) on Friday. The business has a 50 day moving average of GBX 121.33 and a 200-day moving average of GBX 135.85. The stock has a market capitalization of £997.45 million, a price-to-earnings ratio of -5.66 and a beta of 0.80. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. Oxford Nanopore Technologies plc has a 1-year low of GBX 85 ($1.10) and a 1-year high of GBX 169.20 ($2.19).

Oxford Nanopore Technologies (LON:ONT) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share 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

A number of research firms recently issued reports on ONT. Berenberg Bank lowered their target price on shares of Oxford Nanopore Technologies from GBX 282 ($3.65) to GBX 250 ($3.24) and set a “buy” rating on the stock in a research note on Wednesday, March 19th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 227.50 ($2.95).

About Oxford Nanopore Technologies

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