Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shot 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).
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. reissued 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, the stock presently has a consensus rating of "Buy" and an average price target of GBX 235.50 ($3.05).
Read Our Latest 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 firm has a market capitalization of £951.89 million, a price-to-earnings ratio of -5.40 and a beta of 0.80. The business has a fifty day moving average price of GBX 127.98 and a 200 day moving average price of GBX 137.23.
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)) 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 Activity at Oxford Nanopore Technologies
In other Oxford Nanopore Technologies news, insider John O'Higgins purchased 77,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of GBX 97 ($1.26) per share, with a total value of £74,690 ($96,861.63). Over the last quarter, insiders have acquired 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
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