Oxford Nanopore Technologies (LON:ONT) Insider Nick Keher Acquires 22,018 Shares

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 22,018 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of GBX 113 per share, with a total value of £24,880.34.

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

• On Tuesday, April 14th, Nick Keher sold 22,993 shares of Oxford Nanopore Technologies stock. The shares were sold at an average price of GBX 108, for a total transaction of £24,832.44.
• On Tuesday, April 14th, Nick Keher acquired 136 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average cost of GBX 110 per share, for a total transaction of £149.60.
• On Thursday, March 12th, Nick Keher purchased 121 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average cost of GBX 124 per share, for a total transaction of £150.04.
• On Thursday, February 12th, Nick Keher bought 105 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average price of GBX 143 per share, for a total transaction of £150.15.

Oxford Nanopore Technologies Price Performance

Shares of LON:ONT opened at GBX 113.60 on Tuesday. The company has a debt-to-equity ratio of 8.96, a quick ratio of 6.01 and a current ratio of 3.56. Oxford Nanopore Technologies plc has a 52 week low of GBX 104 and a 52 week high of GBX 224.80. The firm has a market cap of £1.10 billion, a PE ratio of -7.52 and a beta of 0.87. The firm’s fifty day moving average is GBX 116.89 and its 200-day moving average is GBX 130.74.

Oxford Nanopore Technologies (LON:ONT) last announced its earnings results on Monday, March 2nd. The company reported GBX (15.10) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 64.85% and a negative return on equity of 29.43%.

Wall Street Analysts Forecast Growth

ONT has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Berenberg Bank reiterated a “buy” rating and set a GBX 250 price target on shares of Oxford Nanopore Technologies in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 225 price objective on shares of Oxford Nanopore Technologies in a research report on Wednesday, April 15th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 218.60.

About Oxford Nanopore Technologies

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.