Oxford Nanopore Technologies (LON:ONT) Issues Quarterly Earnings Results

Oxford Nanopore Technologies (LON:ONT) announced its quarterly earnings data on Tuesday. The company reported GBX (16) (($0.21)) earnings per share for the quarter, Digital Look Earnings reports. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.

Oxford Nanopore Technologies Trading Up 0.7 %

Shares of Oxford Nanopore Technologies stock traded up GBX 0.63 ($0.01) during trading hours on Thursday, hitting GBX 92.28 ($1.19). The company’s stock had a trading volume of 6,804,225 shares, compared to its average volume of 8,715,106. The stock has a market cap of £875.73 million, a price-to-earnings ratio of -4.97 and a beta of 0.80. The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45. Oxford Nanopore Technologies has a twelve month low of GBX 85 ($1.10) and a twelve month high of GBX 169.20 ($2.18). The firm has a fifty day moving average of GBX 131.16 and a 200-day moving average of GBX 138.19.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Nanopore Technologies in a research note on Friday, December 6th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 235.50 ($3.04).

Oxford Nanopore Technologies Company Profile

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