Oxford Nanopore Technologies plc (LON:ONT) Insider Timothy Cowper Buys 68 Shares

Oxford Nanopore Technologies plc (LON:ONT) insider Timothy Cowper purchased 68 shares of the business’s stock in a transaction on Tuesday, September 12th. The shares were bought at an average price of GBX 221 ($2.77) per share, with a total value of £150.28 ($188.06).

Oxford Nanopore Technologies Price Performance

Shares of LON ONT opened at GBX 213 ($2.67) on Wednesday. Oxford Nanopore Technologies plc has a twelve month low of GBX 169.60 ($2.12) and a twelve month high of GBX 319 ($3.99). The stock’s 50 day moving average price is GBX 242.76 and its 200-day moving average price is GBX 230.61. The company has a market capitalization of £1.76 billion and a PE ratio of -1,936.36. The company has a quick ratio of 6.01, a current ratio of 6.22 and a debt-to-equity ratio of 4.92.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ONT shares. Citigroup reiterated a “buy” rating and set a GBX 390 ($4.88) price target on shares of Oxford Nanopore Technologies in a research note on Wednesday, June 7th. Berenberg Bank reiterated a “buy” rating and set a GBX 529 ($6.62) price target on shares of Oxford Nanopore Technologies in a research note on Tuesday, August 1st. Finally, Barclays reiterated an “overweight” rating and set a GBX 355 ($4.44) price target on shares of Oxford Nanopore Technologies in a research note on Thursday, September 7th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 412.80 ($5.17).

About Oxford Nanopore Technologies

Oxford Nanopore Technologies plc engages in the research, development, manufacture, and commercialization of a nanopore based sequencing platform that allows the real-time analysis of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) in the Americas, Europe, the Middle East, Africa, India, and the Asia Pacific.