Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) rose 10% during trading on Saturday . The company traded as high as GBX 103.10 ($1.34) and last traded at GBX 102.20 ($1.33). Approximately 217,104,266 shares changed hands during mid-day 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).
Analyst Upgrades and Downgrades
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, the company has an average rating of "Buy" and an average price target of GBX 235.50 ($3.05).
Read Our Latest Research Report on ONT
Oxford Nanopore Technologies Stock Performance
The firm has a fifty day moving average price of GBX 127.98 and a 200 day moving average price of GBX 137.23. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. The firm has a market cap 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 issued its 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 related news, insider John O'Higgins bought 77,000 shares of the stock in a transaction on Tuesday, March 11th. The stock was bought at an average price of GBX 97 ($1.26) per share, with a total value of £74,690 ($96,861.63). Over the last three months, insiders have acquired 77,223 shares of company stock worth $7,499,090. Insiders own 32.62% of the company's stock.
About Oxford Nanopore Technologies
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