Shares of Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) fell 3% during trading on Monday . The company traded as low as GBX 138.20 ($1.71) and last traded at GBX 141.37 ($1.75). 1,936,480 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 11,134,410 shares. The stock had previously closed at GBX 145.80 ($1.81).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. restated an "overweight" rating on shares of Oxford Nanopore Technologies in a research note on Friday, December 6th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 235.50 ($2.92).
Read Our Latest Stock Analysis on ONT
Oxford Nanopore Technologies Price Performance
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 business's 50-day moving average price is GBX 142.24 and its two-hundred day moving average price is GBX 138.27. The firm has a market cap of £1.25 billion, a price-to-earnings ratio of -663.41 and a beta of 0.80.
About Oxford Nanopore Technologies
(
Get Free Report)
Our goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere.
Recommended Stories
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.