Key Points
- Nick Keher bought 104 shares of Oxford Nanopore (LON:ONT) on Nov 12 at GBX 144 each, adding to prior insider purchases of 100 shares on Oct 14 (GBX 150) and 89 shares on Sep 12 (GBX 169).
- Analysts are broadly bullish — five analysts give a "Buy" rating with a MarketBeat consensus price target of GBX 245, and recent upgrades include RBC to GBX 280, Citi to GBX 240 and Deutsche Bank to GBX 210.
- Financial risk remains: the stock was down ~2.9% on the day, has a market cap of ~£1.31bn, reported negative EPS (GBX -7.50 last quarter) and a deeply negative net margin (~94.8%).
Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Nick Keher bought 104 shares of the stock in a transaction on Wednesday, November 12th. The stock was purchased at an average price of GBX 144 per share, for a total transaction of £149.76.
Nick Keher also recently made the following trade(s):
- On Tuesday, October 14th, Nick Keher purchased 100 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average price of GBX 150 per share, with a total value of £150.
- On Friday, September 12th, Nick Keher acquired 89 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost of GBX 169 per share, with a total value of £150.41.
Oxford Nanopore Technologies Trading Down 2.9%
Shares of Oxford Nanopore Technologies stock opened at GBX 136.30 on Thursday. The stock has a market capitalization of £1.31 billion, a P/E ratio of -9.21 and a beta of 0.80. Oxford Nanopore Technologies plc has a 52-week low of GBX 88.60 and a 52-week high of GBX 224.80. The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45. The stock's 50-day simple moving average is GBX 149.50 and its 200 day simple moving average is GBX 153.15.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last issued its earnings results on Tuesday, September 2nd. The company reported GBX (7.50) earnings per share 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
Several research firms recently commented on ONT. Royal Bank Of Canada raised their price objective on shares of Oxford Nanopore Technologies from GBX 250 to GBX 280 and gave the stock an "outperform" rating in a report on Monday, September 8th. Deutsche Bank Aktiengesellschaft increased their target price on Oxford Nanopore Technologies from GBX 190 to GBX 210 and gave the stock a "buy" rating in a research report on Thursday, September 11th. Berenberg Bank reiterated a "buy" rating and issued a GBX 250 price target on shares of Oxford Nanopore Technologies in a research report on Tuesday, September 2nd. Finally, Citigroup increased their price objective on Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of GBX 245.
Get Our Latest Analysis on Oxford Nanopore Technologies
Oxford Nanopore Technologies Company Profile
(
Get Free Report)
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.
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