Oxford Nanopore Technologies (LON:ONT - Free Report) had its price objective trimmed by Berenberg Bank from GBX 282 ($3.64) to GBX 250 ($3.23) in a research note issued to investors on Wednesday, MarketBeat.com reports. The firm currently has a buy rating on the stock.
Separately, JPMorgan Chase & Co. reissued an "overweight" rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of GBX 227.50 ($2.94).
Check Out Our Latest Stock Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Stock Performance
Oxford Nanopore Technologies stock traded down GBX 9.14 ($0.12) on Wednesday, hitting GBX 104.30 ($1.35). The company's stock had a trading volume of 3,095,255 shares, compared to its average volume of 11,039,063. Oxford Nanopore Technologies has a one year low of GBX 85 ($1.10) and a one year high of GBX 169.20 ($2.19). The firm has a market cap of £989.86 million, a P/E ratio of -5.61 and a beta of 0.80. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. The company has a fifty day moving average price of GBX 123.86 and a 200-day moving average price of GBX 136.52.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last posted its earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.
Insider Buying and Selling at Oxford Nanopore Technologies
In other news, insider John O'Higgins acquired 77,000 shares of the company's stock in a transaction dated Tuesday, March 11th. The stock was bought at an average price of GBX 97 ($1.25) per share, with a total value of £74,690 ($96,511.18). Insiders have bought a total of 77,223 shares of company stock worth $7,499,090 over the last ninety days. Corporate insiders own 32.62% of the company's stock.
About Oxford Nanopore Technologies
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