Oxford Nanopore Technologies (LON:ONT) Insider Francis Van Parys Acquires 70 Shares of Company Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys purchased 70 shares of the business’s stock in a transaction on Wednesday, October 14th. The shares were acquired at an average cost of GBX 215 per share, for a total transaction of £150.50.

Francis Van Parys also recently made the following trade(s):

• On Monday, September 14th, Francis Van Parys acquired 96 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 157 per share, with a total value of £150.72.
• On Wednesday, August 12th, Francis Van Parys acquired 114 shares of Oxford Nanopore Technologies stock. The stock was purchased at an average cost of GBX 131 per share, with a total value of £149.34.

Oxford Nanopore Technologies Stock Performance

Oxford Nanopore Technologies stock traded down GBX 2.40 during midday trading on Wednesday, reaching GBX 208.60. 1,681,754 shares of the company’s stock were exchanged, compared to its average volume of 9,552,693. The stock’s 50-day simple moving average is GBX 169.50 and its 200 day simple moving average is GBX 136.77. The firm has a market cap of £2.04 billion, a price-to-earnings ratio of -16.69 and a beta of 0.87. The company has a debt-to-equity ratio of 9.86, a quick ratio of 6.01 and a current ratio of 3.52. Oxford Nanopore Technologies plc has a 52 week low of GBX 95.61 and a 52 week high of GBX 238.80.

Oxford Nanopore Technologies (LON:ONT) last issued its quarterly earnings data on Wednesday, August 19th. The company reported GBX (4.90) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 54.66% and a negative return on equity of 35.45%.

Wall Street Analysts Forecast Growth

ONT has been the subject of a number of recent research reports. Peel Hunt reissued a “hold” rating and set a GBX 153 price objective on shares of Oxford Nanopore Technologies in a report on Monday, July 13th. Citigroup lowered Oxford Nanopore Technologies to a “buy” rating in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 195 price target on shares of Oxford Nanopore Technologies in a research report on Thursday, August 20th. Berenberg Bank lowered their price target on shares of Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Finally, JPMorgan Chase & Co. increased their price target on Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the company an “overweight” rating in a report on Thursday, August 27th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Oxford Nanopore Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 198.60.

Oxford Nanopore Technologies Company Profile

Oxford Nanopore Technologies’ goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.