Oxford Nanopore Technologies (OTC:ONTTF) Stock Price Down 5.7% – Time to Sell?

Oxford Nanopore Technologies plc (OTC:ONTTFGet Free Report) shares dropped 5.7% during mid-day trading on Thursday . The stock traded as low as $2.06 and last traded at $2.06. Approximately 196,157 shares changed hands during trading, an increase of 876% from the average daily volume of 20,089 shares. The stock had previously closed at $2.18.

Wall Street Analyst Weigh In

ONTTF has been the topic of several research reports. Citigroup reissued a “buy” rating on shares of Oxford Nanopore Technologies in a research note on Tuesday, August 5th. Royal Bank Of Canada restated an “outperform” rating on shares of Oxford Nanopore Technologies in a report on Monday, September 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.

View Our Latest Analysis on Oxford Nanopore Technologies

Oxford Nanopore Technologies Trading Down 5.7%

The company has a fifty day simple moving average of $2.52 and a two-hundred day simple moving average of $1.98.

Oxford Nanopore Technologies Company Profile

(Get Free Report)

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.

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