Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys £150.72 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher acquired 96 shares of the stock in a transaction on Monday, September 14th. The shares were purchased at an average price of GBX 157 per share, with a total value of £150.72.

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

• On Friday, September 4th, Nick Keher bought 15,325 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average cost of GBX 162 per share, for a total transaction of £24,826.50.
• On Wednesday, August 12th, Nick Keher purchased 115 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average price of GBX 131 per share, for a total transaction of £150.65.
• On Tuesday, July 14th, Nick Keher purchased 123 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average cost of GBX 121 per share, with a total value of £148.83.

Oxford Nanopore Technologies Price Performance

Oxford Nanopore Technologies stock opened at GBX 160.99 on Thursday. The company has a debt-to-equity ratio of 9.86, a quick ratio of 6.01 and a current ratio of 3.52. Oxford Nanopore Technologies plc has a 52 week low of GBX 95.61 and a 52 week high of GBX 191.40. The stock has a market capitalization of £1.57 billion, a P/E ratio of -12.88 and a beta of 0.96. The stock has a fifty day moving average of GBX 136.63 and a 200-day moving average of GBX 126.20.

Oxford Nanopore Technologies (LON:ONT) last released its quarterly earnings data on Wednesday, August 19th. The company reported GBX (4.90) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 54.66% and a negative return on equity of 35.45%.

Analyst Upgrades and Downgrades

ONT has been the subject of a number of research analyst reports. Citigroup cut shares of Oxford Nanopore Technologies to a “buy” rating in a research report on Monday, July 20th. Peel Hunt restated a “hold” rating and issued a GBX 153 target price on shares of Oxford Nanopore Technologies in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 195 target price on shares of Oxford Nanopore Technologies in a research note on Thursday, August 20th. JPMorgan Chase & Co. increased their price target on Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the company an “overweight” rating in a research note on Thursday, August 27th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 225 price objective on shares of Oxford Nanopore Technologies in a report on Tuesday, May 26th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 198.60.

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.