Oxford Nanopore Technologies (OTC:ONTTF) Stock Price Up 5.5% – Here’s What Happened

Oxford Nanopore Technologies plc (OTC:ONTTF)’s stock price rose 5.5% on Tuesday . The company traded as high as $1.8150 and last traded at $1.8150. Approximately 5,100 shares changed hands during trading, a decline of 80% from the average daily volume of 25,945 shares. The stock had previously closed at $1.72.

Analyst Ratings Changes

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Oxford Nanopore Technologies in a research report on Monday, September 8th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Oxford Nanopore Technologies has an average rating of “Buy”.

Oxford Nanopore Technologies Price Performance

The company’s 50-day simple moving average is $1.89 and its 200 day simple moving average is $2.10.

Oxford Nanopore Technologies Company Profile

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.