Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s stock price traded up 10% during trading on Friday . The company traded as high as GBX 161.64 ($2.06) and last traded at GBX 161.64 ($2.06). 101,398,086 shares changed hands during mid-day trading, an increase of 4,224% from the average session volume of 2,345,044 shares. The stock had previously closed at GBX 146.90 ($1.87).
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Berenberg Bank reiterated a "buy" rating and set a GBX 282 ($3.59) price target on shares of Oxford Nanopore Technologies in a report on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 190 ($2.42) target price on shares of Oxford Nanopore Technologies in a research report on Wednesday, September 4th. Five analysts have rated the stock with a buy rating, According to MarketBeat, Oxford Nanopore Technologies currently has an average rating of "Buy" and a consensus price target of GBX 235.50 ($3.00).
View Our Latest Stock Report on ONT
Oxford Nanopore Technologies Price Performance
The stock has a 50 day moving average price of GBX 144.02 and a two-hundred day moving average price of GBX 125.34. The firm has a market capitalization of £1.50 billion, a price-to-earnings ratio of -795.50 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.
Insider Activity
In other Oxford Nanopore Technologies news, insider Gurdial (Gordon) Sanghera sold 1,993,571 shares of the company's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of GBX 142 ($1.81), for a total value of £2,830,870.82 ($3,605,745.54). Insiders bought a total of 306 shares of company stock worth $44,850 over the last 90 days. 32.62% of the stock is currently owned by corporate insiders.
About Oxford Nanopore Technologies
(
Get Free Report)
Oxford Nanopore Technologies plc engages in the research, development, manufacture, and commercialization of a nanopore based sequencing platform that allows the real-time analysis of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) in the Americas, Europe, the Middle East, Africa, India, and the Asia Pacific.
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
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
