Key Points
- Insider buying: Francis Van Parys purchased 114 Oxford Nanopore Technologies shares at GBX 131 each, worth £149.34. This follows similar purchases in June and July.
- Stock performance: ONT opened at GBX 127.20 and was trading down 2.2%, with a market capitalization of approximately £1.24 billion and a 1-year range of GBX 95.61 to GBX 224.80.
- Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with four Buy ratings and one Hold rating and an average price target of GBX 205.75.
Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Francis Van Parys bought 114 shares of Oxford Nanopore Technologies stock in a transaction dated Wednesday, August 12th. The stock was acquired at an average price of GBX 131 per share, with a total value of £149.34.
Francis Van Parys also recently made the following trade(s):
- On Tuesday, July 14th, Francis Van Parys purchased 124 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average price of GBX 121 per share, for a total transaction of £150.04.
- On Friday, June 12th, Francis Van Parys acquired 121 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average price of GBX 124 per share, with a total value of £150.04.
Oxford Nanopore Technologies Trading Down 2.2%
ONT opened at GBX 127.20 on Thursday. The company has a debt-to-equity ratio of 8.96, a current ratio of 3.56 and a quick ratio of 6.01. The company's 50 day simple moving average is GBX 118.78 and its two-hundred day simple moving average is GBX 123.92. The firm has a market capitalization of £1.24 billion, a price-to-earnings ratio of -8.42 and a beta of 0.92. Oxford Nanopore Technologies plc has a 1-year low of GBX 95.61 and a 1-year high of GBX 224.80.
Wall Street Analyst Weigh In
ONT has been the topic of several analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 225 price target on shares of Oxford Nanopore Technologies in a report on Tuesday, May 26th. Berenberg Bank decreased their target price on shares of Oxford Nanopore Technologies from GBX 230 to GBX 220 and set a "buy" rating on the stock in a report on Monday, July 13th. Citigroup cut shares of 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 price target on shares of Oxford Nanopore Technologies in a research report on Monday, July 13th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 205.75.
Read Our Latest Analysis on ONT
About Oxford Nanopore Technologies
(
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. 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.
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