Oxford Nanopore Technologies (LON:ONT) Insider Nick Keher Buys 121 Shares

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 121 shares of Oxford Nanopore Technologies stock in a transaction that occurred on Thursday, March 12th. The shares were purchased at an average cost of GBX 124 per share, for a total transaction of £150.04.

Nick Keher also recently made the following trade(s):

• On Thursday, February 12th, Nick Keher bought 105 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average price of GBX 143 per share, for a total transaction of £150.15.
• On Wednesday, January 14th, Nick Keher bought 100 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost of GBX 150 per share, with a total value of £150.
• On Friday, December 12th, Nick Keher purchased 118 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average price of GBX 127 per share, with a total value of £149.86.

Oxford Nanopore Technologies Trading Down 2.8%

Shares of Oxford Nanopore Technologies stock opened at GBX 117.50 on Friday. Oxford Nanopore Technologies plc has a fifty-two week low of GBX 96.35 and a fifty-two week high of GBX 224.80. The business’s fifty day moving average is GBX 140.81 and its two-hundred day moving average is GBX 143.55. The company has a quick ratio of 6.01, a current ratio of 3.56 and a debt-to-equity ratio of 8.96. The firm has a market cap of £1.14 billion, a PE ratio of -7.94 and a beta of 0.83.

Oxford Nanopore Technologies (LON:ONT) last announced its quarterly earnings data on Monday, March 2nd. The company reported GBX (15.10) EPS for the quarter. Oxford Nanopore Technologies had a negative net margin of 64.85% and a negative return on equity of 29.43%.

Wall Street Analysts Forecast Growth

ONT has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price objective on shares of Oxford Nanopore Technologies from GBX 280 to GBX 300 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the company a “buy” rating in a report on Thursday, January 22nd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 250 price target on shares of Oxford Nanopore Technologies in a research report on Thursday, January 22nd. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 153 price target on shares of Oxford Nanopore Technologies in a research note on Friday, December 5th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 233.60.

About Oxford Nanopore Technologies

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.