Oxford Nanopore Technologies plc (LON:ONT - Get Free Report)'s stock price was up 10% during mid-day 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).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. reiterated 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, Based on data from MarketBeat, Oxford Nanopore Technologies presently has an average rating of "Buy" and a consensus price target of GBX 235.50 ($3.05).
Get Our Latest Research Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Stock Performance
The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. The firm has a 50-day moving average of GBX 127.98 and a 200 day moving average of GBX 137.23. The stock has a market capitalization of £951.89 million, a P/E ratio of -5.40 and a beta of 0.80.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last posted its earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.
Insider Activity
In related news, insider John O'Higgins acquired 77,000 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was bought at an average cost of GBX 97 ($1.26) per share, with a total value of £74,690 ($96,861.63). In the last ninety days, insiders have purchased 77,223 shares of company stock worth $7,499,090. Company insiders own 32.62% of the company's stock.
Oxford Nanopore Technologies Company Profile
(
Get Free Report)
Our goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere.
Featured 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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
