Key Points
- Insider purchase: Adrian Nevil Hennah bought 24,000 Oxford Nanopore Technologies shares at GBX 216 each, for a total value of £51,840.
- Stock performance and financials: The shares opened at GBX 214.84 and were up 2.7%, while the company reported a quarterly loss of GBX 4.90 per share, a negative net margin of 54.66%, and a negative return on equity of 35.45%.
- Analyst outlook: Analysts maintain a consensus “Moderate Buy” rating, with five Buy ratings and one Hold rating; the average price target is GBX 198.60.
Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) insider Adrian Nevil Hennah purchased 24,000 shares of the firm's stock in a transaction on Monday, October 12th. The shares were acquired at an average cost of GBX 216 per share, with a total value of £51,840.
Oxford Nanopore Technologies Trading Up 2.7%
ONT opened at GBX 214.84 on Tuesday. Oxford Nanopore Technologies plc has a one year low of GBX 95.61 and a one year high of GBX 238.80. The company has a market cap of £2.10 billion, a P/E ratio of -17.19 and a beta of 0.87. 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 business's 50-day simple moving average is GBX 167.53 and its 200-day simple moving average is GBX 136.11.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last issued its earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share for the quarter. Oxford Nanopore Technologies had a negative return on equity of 35.45% and a negative net margin of 54.66%.
Analyst Upgrades and Downgrades
Several equities analysts have commented on ONT shares. Peel Hunt reiterated a "hold" rating and issued a GBX 153 price target on shares of Oxford Nanopore Technologies in a research note on Monday, July 13th. Berenberg Bank reduced their price objective on shares of 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. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 195 target price on shares of Oxford Nanopore Technologies in a report on Thursday, August 20th. JPMorgan Chase & Co. increased their target price on shares of Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the company an "overweight" rating in a research report on Thursday, August 27th. Finally, Citigroup downgraded shares of Oxford Nanopore Technologies to a "buy" rating in a research report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, Oxford Nanopore Technologies presently has a consensus rating of "Moderate Buy" and an average target price of GBX 198.60.
View Our Latest Report 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. 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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