Gurdial (Gordon) Sanghera Sells 1,203,967 Shares of Oxford Nanopore Technologies plc (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Gurdial (Gordon) Sanghera sold 1,203,967 shares of the firm’s stock in a transaction dated Friday, June 28th. The shares were sold at an average price of GBX 92 ($1.16), for a total value of £1,107,649.64 ($1,401,024.08).

Oxford Nanopore Technologies Trading Up 1.3 %

ONT opened at GBX 99.30 ($1.26) on Wednesday. The company has a quick ratio of 6.01, a current ratio of 5.01 and a debt-to-equity ratio of 6.47. The firm has a market cap of £856.55 million, a P/E ratio of -522.63 and a beta of 0.64. Oxford Nanopore Technologies plc has a 52 week low of GBX 85 ($1.08) and a 52 week high of GBX 279 ($3.53). The business has a fifty day simple moving average of GBX 103.16 and a 200-day simple moving average of GBX 132.61.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Citigroup restated a “buy” rating and set a GBX 210 ($2.66) price target on shares of Oxford Nanopore Technologies in a research report on Friday, April 12th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 350 ($4.43) price target on shares of Oxford Nanopore Technologies in a research note on Wednesday, April 17th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Oxford Nanopore Technologies in a research note on Thursday, May 23rd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 260 ($3.29) target price on shares of Oxford Nanopore Technologies in a research note on Friday, June 28th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 293.75 ($3.72).

Oxford Nanopore Technologies Company Profile

Oxford Nanopore Technologies plc engages in the research, development, manufacture, and commercialization of a nanopore based sequencing platform that allows the real-time analysis of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) in the Americas, Europe, the Middle East, Africa, India, and the Asia Pacific.