Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Acquires £150.72 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 96 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were bought at an average price of GBX 157 per share, for a total transaction of £150.72.

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

• On Friday, September 4th, Nick Keher bought 15,325 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 162 per share, for a total transaction of £24,826.50.
• On Wednesday, August 12th, Nick Keher purchased 115 shares of Oxford Nanopore Technologies stock. The shares were bought at an average price of GBX 131 per share, for a total transaction of £150.65.
• On Tuesday, July 14th, Nick Keher purchased 123 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 121 per share, with a total value of £148.83.

Oxford Nanopore Technologies Stock Performance

Shares of LON:ONT traded down GBX 0.05 on Monday, hitting GBX 155.98. 1,072,999 shares of the company were exchanged, compared to its average volume of 10,261,299. The firm has a market capitalization of £1.52 billion, a P/E ratio of -12.48 and a beta of 0.96. The company has a current ratio of 3.52, a quick ratio of 6.01 and a debt-to-equity ratio of 9.86. Oxford Nanopore Technologies plc has a 1-year low of GBX 95.61 and a 1-year high of GBX 191.40. The stock’s 50 day moving average price is GBX 134.37 and its 200 day moving average price is GBX 125.65.

Oxford Nanopore Technologies (LON:ONT) last released its earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative net margin of 54.66% and a negative return on equity of 35.45%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 195 price objective on shares of Oxford Nanopore Technologies in a research note on Thursday, August 20th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 225 price target on shares of Oxford Nanopore Technologies in a report on Tuesday, May 26th. Berenberg Bank reduced their price objective on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a research note on Wednesday, August 19th. Citigroup downgraded Oxford Nanopore Technologies to a “buy” rating in a research note on Monday, July 20th. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 153 target price on shares of Oxford Nanopore Technologies in a report on Monday, July 13th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Oxford Nanopore Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 198.60.

Oxford Nanopore Technologies Company Profile

Oxford Nanopore Technologies’ goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.