Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shares traded up 10% on Saturday . The company traded as high as GBX 103.10 ($1.34) and last traded at GBX 102.20 ($1.33). 217,104,266 shares changed hands during mid-day 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. restated 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, Oxford Nanopore Technologies has a consensus rating of "Buy" and an average target price of GBX 235.50 ($3.05).
View Our Latest Stock Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Stock Up 3.3 %
The firm's 50-day moving average price is GBX 127.98 and its 200-day moving average price is GBX 137.23. 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 company has a market cap of £951.89 million, a price-to-earnings ratio of -5.40 and a beta of 0.80.
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 (EPS) for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.
Insider Buying and Selling at Oxford Nanopore Technologies
In other news, insider John O'Higgins bought 77,000 shares of Oxford Nanopore Technologies stock in a transaction on Tuesday, March 11th. The shares were bought at an average price of GBX 97 ($1.26) per share, with a total value of £74,690 ($96,861.63). Insiders have purchased 77,223 shares of company stock worth $7,499,090 in the last ninety days. 32.62% of the stock is owned by insiders.
Oxford Nanopore Technologies Company Profile
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