Oxford Nanopore Technologies plc (LON:ONT) Insider Acquires £149.10 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 105 shares of Oxford Nanopore Technologies stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of GBX 142 ($1.83) per share, with a total value of £149.10 ($191.87).

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

• On Friday, October 11th, Nick Keher purchased 99 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average cost of GBX 152 ($1.96) per share, for a total transaction of £150.48 ($193.64).
• On Thursday, September 12th, Nick Keher bought 102 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average price of GBX 146 ($1.88) per share, with a total value of £148.92 ($191.64).

Oxford Nanopore Technologies Trading Down 0.3 %

Shares of LON:ONT traded down GBX 0.42 ($0.01) during midday trading on Tuesday, hitting GBX 137.79 ($1.77). 1,810,252 shares of the stock traded hands, compared to its average volume of 1,920,667. Oxford Nanopore Technologies plc has a one year low of GBX 85 ($1.09) and a one year high of GBX 212.59 ($2.74). The stock has a market capitalization of £1.30 billion, a PE ratio of -691.00 and a beta of 0.80. The business’s 50 day moving average is GBX 146.66 and its two-hundred day moving average is GBX 122.38. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ONT. Berenberg Bank reissued a “buy” rating and issued a GBX 282 ($3.63) target price on shares of Oxford Nanopore Technologies in a research note on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 190 ($2.44) price target on shares of Oxford Nanopore Technologies in a report on Wednesday, September 4th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 235.50 ($3.03).

About Oxford Nanopore Technologies

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.