Oxford Nanopore Technologies (LON:ONT) Insider Buys £150.65 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher purchased 115 shares of the stock in a transaction on Wednesday, August 12th. The stock was acquired at an average cost of GBX 131 per share, with a total value of £150.65.

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

• On Tuesday, July 14th, Nick Keher bought 123 shares of Oxford Nanopore Technologies stock. The shares were bought at an average price of GBX 121 per share, with a total value of £148.83.
• On Friday, June 12th, Nick Keher purchased 121 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 124 per share, for a total transaction of £150.04.

Oxford Nanopore Technologies Stock Performance

LON:ONT opened at GBX 124.37 on Friday. The firm has a market cap of £1.21 billion, a PE ratio of -8.24 and a beta of 0.92. Oxford Nanopore Technologies plc has a fifty-two week low of GBX 95.61 and a fifty-two week high of GBX 217.60. The company has a debt-to-equity ratio of 8.96, a quick ratio of 6.01 and a current ratio of 3.56. The business has a 50 day moving average price of GBX 118.35 and a 200-day moving average price of GBX 123.62.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ONT shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 225 price objective on shares of Oxford Nanopore Technologies in a research note on Tuesday, May 26th. Citigroup downgraded Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. Peel Hunt reaffirmed a “hold” rating and set a GBX 153 price target on shares of Oxford Nanopore Technologies in a research report on Monday, July 13th. Finally, Berenberg Bank dropped their price objective on Oxford Nanopore Technologies from GBX 230 to GBX 220 and set a “buy” rating for the company in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Oxford Nanopore Technologies currently has a consensus rating of “Moderate Buy” and an average price target of GBX 205.75.

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.