Key Points
- Insider buying: Oxford Nanopore Technologies insider Nick Keher purchased 15,325 shares at GBX 162 each, totaling £24,826.50. He has also made several smaller purchases since June.
- Financial performance remains weak: The company reported quarterly EPS of negative GBX 4.90, with a negative net margin of 54.66% and negative return on equity of 35.45%.
- Analysts remain broadly optimistic: Five analysts rate the stock Buy and one rates it Hold, producing a “Moderate Buy” consensus and an average price target of GBX 198.60 versus the reported GBX 158.76 opening price.
Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Nick Keher bought 15,325 shares of the firm's stock in a transaction dated Friday, September 4th. The stock was purchased at an average price of GBX 162 per share, for a total transaction of £24,826.50.
Nick Keher also recently made the following trade(s):
- On Wednesday, August 12th, Nick Keher purchased 115 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost 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 shares were purchased 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 shares were purchased at an average price of GBX 124 per share, with a total value of £150.04.
Oxford Nanopore Technologies Stock Down 8.4%
LON ONT opened at GBX 158.76 on Friday. The business has a fifty day moving average price of GBX 131.26 and a 200 day moving average price of GBX 124.84. The company has a debt-to-equity ratio of 9.86, a quick ratio of 6.01 and a current ratio of 3.52. The company has a market cap of £1.55 billion, a P/E ratio of -10.51 and a beta of 0.91. Oxford Nanopore Technologies plc has a one year low of GBX 95.61 and a one year high of GBX 191.40.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last announced 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 return on equity of 35.45% and a negative net margin of 54.66%.
Wall Street Analysts Forecast Growth
ONT has been the subject of several research reports. Citigroup cut shares of Oxford Nanopore Technologies to a "buy" rating in a research note on Monday, July 20th. Peel Hunt restated a "hold" rating and set a GBX 153 target price on shares of Oxford Nanopore Technologies in a report on Monday, July 13th. Berenberg Bank dropped their price target on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a "buy" rating for the company in a research report on Wednesday, August 19th. JPMorgan Chase & Co. increased their price target on Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the company an "overweight" rating in a report on Thursday, August 27th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 225 price objective on shares of Oxford Nanopore Technologies in a research report on Tuesday, May 26th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Oxford Nanopore Technologies currently has an average rating of "Moderate Buy" and a consensus price target of GBX 198.60.
Read Our Latest Research Report on ONT
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. 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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