Insider Buying: Oxford Nanopore Technologies plc (LON:ONT) Insider Purchases 77,000 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider John O’Higgins acquired 77,000 shares of Oxford Nanopore Technologies stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of GBX 97 ($1.26) per share, with a total value of £74,690 ($96,698.60).

Oxford Nanopore Technologies Price Performance

Oxford Nanopore Technologies stock traded up GBX 3.20 ($0.04) during midday trading on Wednesday, reaching GBX 100.30 ($1.30). 2,290,334 shares of the stock were exchanged, compared to its average volume of 12,491,421. The company’s fifty day moving average is GBX 128.55 and its 200-day moving average is GBX 137.37. 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 plc has a 52 week low of GBX 85 ($1.10) and a 52 week high of GBX 169.20 ($2.19). The firm has a market cap of £951.89 million, a PE ratio of -5.40 and a beta of 0.80.

Oxford Nanopore Technologies (LON:ONT) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Nanopore Technologies in a research report on Friday, December 6th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Oxford Nanopore Technologies has an average rating of “Buy” and a consensus price target of GBX 235.50 ($3.05).

About Oxford Nanopore Technologies

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