Oxford Nanopore Technologies (LON:ONT) Insider Francis Van Parys Buys 136 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys bought 136 shares of the stock in a transaction on Tuesday, April 14th. The stock was purchased at an average cost of GBX 110 per share, with a total value of £149.60.

Oxford Nanopore Technologies Stock Up 4.5%

Shares of LON:ONT opened at GBX 110.10 on Wednesday. Oxford Nanopore Technologies plc has a 52 week low of GBX 104 and a 52 week high of GBX 224.80. The company has a debt-to-equity ratio of 8.96, a quick ratio of 6.01 and a current ratio of 3.56. The company has a market capitalization of £1.07 billion, a PE ratio of -7.29 and a beta of 0.88. The company has a 50 day moving average price of GBX 123.94 and a two-hundred day moving average price of GBX 134.54.

Oxford Nanopore Technologies (LON:ONT) last issued its earnings results 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

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price target 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. Royal Bank Of Canada reduced their price target on shares of Oxford Nanopore Technologies from GBX 300 to GBX 225 and set an “outperform” rating for the company in a report on Tuesday, March 24th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 250 price target on shares of Oxford Nanopore Technologies in a report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Oxford Nanopore Technologies currently has an average rating of “Moderate Buy” and a consensus price target of GBX 218.60.

Oxford Nanopore Technologies Company Profile

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.