Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s share price dropped 14.3% during trading on Tuesday . The company traded as low as GBX 89.30 ($1.15) and last traded at GBX 90.10 ($1.16). Approximately 50,400,641 shares traded hands during trading, an increase of 478% from the average daily volume of 8,719,918 shares. The stock had previously closed at GBX 105.10 ($1.36).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. restated an "overweight" rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of GBX 235.50 ($3.04).
View Our Latest Research Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Stock Performance
The company has a market capitalization of £969.93 million, a PE ratio of -5.50 and a beta of 0.80. The company has a 50 day moving average of GBX 129.81 and a two-hundred day moving average of GBX 137.78. The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last issued its quarterly 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 return on equity of 26.02% and a negative net margin of 94.82%.
Oxford Nanopore Technologies Company Profile
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