Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s stock price traded down 14.3% during mid-day trading on Wednesday . The company 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 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).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Oxford Nanopore Technologies in a research report on Friday, December 6th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Oxford Nanopore Technologies presently has a consensus rating of "Buy" and a consensus target price of GBX 235.50 ($3.04).
Read Our Latest Analysis on ONT
Oxford Nanopore Technologies Price Performance
The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. The firm has a market cap of £969.93 million, a price-to-earnings ratio of -5.50 and a beta of 0.80. The company's 50-day moving average is GBX 129.81 and its 200-day moving average is GBX 137.78.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share (EPS) 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
(
Get Free Report)
Our goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere.
Featured Articles
Before you consider Oxford Nanopore Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oxford Nanopore Technologies wasn't on the list.
While Oxford Nanopore Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
