Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shares traded up 10% on Saturday . The stock traded as high as GBX 103.10 ($1.34) and last traded at GBX 102.20 ($1.33). 217,104,266 shares were traded during trading, an increase of 1,552% from the average session volume of 13,141,608 shares. The stock had previously closed at GBX 92.90 ($1.20).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Oxford Nanopore Technologies in a research report on Friday, December 6th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, Oxford Nanopore Technologies presently has an average rating of "Buy" and an average target price of GBX 235.50 ($3.05).
View Our Latest Stock Report on ONT
Oxford Nanopore Technologies Trading Up 3.3 %
The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45. The company's 50-day moving average price is GBX 127.98 and its 200-day moving average price is GBX 137.23. The firm has a market capitalization of £951.89 million, a PE ratio of -5.40 and a beta of 0.80.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last announced 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%.
Insider Buying and Selling at Oxford Nanopore Technologies
In other news, insider John O'Higgins purchased 77,000 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average price of GBX 97 ($1.26) per share, for a total transaction of £74,690 ($96,861.63). Insiders have purchased 77,223 shares of company stock worth $7,499,090 over the last three months. Insiders own 32.62% of the company's stock.
Oxford Nanopore Technologies Company Profile
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