Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shares fell 14.3% during mid-day trading on Wednesday . The stock traded as low as GBX 89.30 ($1.15) and last traded at GBX 90.10 ($1.16). 50,400,641 shares changed hands during mid-day trading, an increase of 478% from the average session volume of 8,719,918 shares. The stock had previously closed at GBX 105.10 ($1.36).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of GBX 235.50 ($3.04).
Read Our Latest Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Price 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 debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01. The stock's 50 day simple moving average is GBX 129.81 and its 200-day simple moving average is GBX 137.78.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last announced 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 return on equity of 26.02% and a negative net margin of 94.82%.
Oxford Nanopore Technologies Company Profile
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