Nick Keher Purchases 121 Shares of Oxford Nanopore Technologies (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher bought 121 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was bought at an average price 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 purchased 105 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 143 per share, for a total transaction of £150.15.
• On Wednesday, January 14th, Nick Keher purchased 100 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average price of GBX 150 per share, with a total value of £150.
• On Friday, December 12th, Nick Keher acquired 118 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost of GBX 127 per share, with a total value of £149.86.

Oxford Nanopore Technologies Stock Down 3.1%

LON ONT traded down GBX 3.70 on Thursday, hitting GBX 117.20. 312,949 shares of the stock traded hands, compared to its average volume of 4,150,662. The company has a current ratio of 3.56, a quick ratio of 6.01 and a debt-to-equity ratio of 8.96. The stock has a 50-day moving average of GBX 141.03 and a 200 day moving average of GBX 143.73. Oxford Nanopore Technologies plc has a twelve month low of GBX 96.35 and a twelve month high of GBX 224.80. The company has a market capitalization of £1.13 billion, a P/E ratio of -7.92 and a beta of 0.83.

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 return on equity of 29.43% and a negative net margin of 64.85%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on ONT shares. Royal Bank Of Canada boosted their target price 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. Peel Hunt reaffirmed a “hold” rating and issued a GBX 153 price target on shares of Oxford Nanopore Technologies in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 250 target price on shares of Oxford Nanopore Technologies in a report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 233.60.

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.