Nick Keher Acquires 115 Shares of Oxford Nanopore Technologies (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 115 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were bought at an average cost of GBX 131 per share, with a total value of £150.65.

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

• On Tuesday, July 14th, Nick Keher bought 123 shares of Oxford Nanopore Technologies stock. The stock was bought at an average price of GBX 121 per share, with a total value of £148.83.
• On Friday, June 12th, Nick Keher purchased 121 shares of Oxford Nanopore Technologies stock. The shares were bought at an average cost of GBX 124 per share, for a total transaction of £150.04.

Oxford Nanopore Technologies Trading Down 2.2%

Shares of ONT traded down GBX 2.80 during mid-day trading on Wednesday, reaching GBX 127.20. The company had a trading volume of 1,172,217 shares, compared to its average volume of 9,880,152. The stock has a market cap of £1.24 billion, a price-to-earnings ratio of -8.42 and a beta of 0.92. The firm has a fifty day simple moving average of GBX 118.88 and a 200-day simple moving average of GBX 124.24. Oxford Nanopore Technologies plc has a fifty-two week low of GBX 95.61 and a fifty-two week high of GBX 224.80. The company has a current ratio of 3.56, a quick ratio of 6.01 and a debt-to-equity ratio of 8.96.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ONT shares. Royal Bank Of Canada restated an “outperform” rating and set a GBX 225 target price on shares of Oxford Nanopore Technologies in a report on Tuesday, May 26th. Berenberg Bank cut their price objective on Oxford Nanopore Technologies from GBX 230 to GBX 220 and set a “buy” rating on the stock in a research report on Monday, July 13th. Citigroup downgraded Oxford Nanopore Technologies to a “buy” rating in a research report on Monday, July 20th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 153 target price on shares of Oxford Nanopore Technologies in a report on Monday, July 13th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 205.75.

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.