Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s stock price rose 10% during trading on Saturday . The stock traded as high as GBX 103.10 ($1.34) and last traded at GBX 102.20 ($1.33). Approximately 217,104,266 shares traded hands during trading, an increase of 1,552% from the average daily volume of 13,141,608 shares. The stock had previously closed at GBX 92.90 ($1.20).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. restated an "overweight" rating on shares of Oxford Nanopore Technologies in a research note on Friday, December 6th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of GBX 235.50 ($3.05).
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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 stock has a market cap of £951.89 million, a P/E ratio of -5.40 and a beta of 0.80. The business's fifty day moving average price is GBX 127.98 and its 200 day moving average price is GBX 137.23.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last issued its quarterly earnings data 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%.
Insiders Place Their Bets
In other news, insider John O'Higgins acquired 77,000 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of GBX 97 ($1.26) per share, for a total transaction of £74,690 ($96,861.63). In the last three months, insiders have acquired 77,223 shares of company stock worth $7,499,090. Corporate insiders own 32.62% of the company's stock.
Oxford Nanopore Technologies Company Profile
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