Oxford Nanopore Technologies plc (LON:ONT) Insider Sells £43,647.36 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Gurdial (Gordon) Sanghera sold 45,466 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of GBX 96 ($1.21), for a total value of £43,647.36 ($55,207.89).

Gurdial (Gordon) Sanghera also recently made the following trade(s):

• On Friday, June 28th, Gurdial (Gordon) Sanghera sold 1,203,967 shares of Oxford Nanopore Technologies stock. 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 Stock Up 3.1 %

ONT stock opened at GBX 102.40 ($1.30) on Thursday. The stock’s 50 day moving average is GBX 103.18 and its 200-day moving average is GBX 132.40. The firm has a market capitalization of £883.29 million, a PE ratio of -538.95 and a beta of 0.64. Oxford Nanopore Technologies plc has a twelve month low of GBX 85 ($1.08) and a twelve month high of GBX 279 ($3.53). The company has a quick ratio of 6.01, a current ratio of 5.01 and a debt-to-equity ratio of 6.47.

Analyst Ratings Changes

A number of brokerages have commented on ONT. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Oxford Nanopore Technologies in a research note on Thursday, May 23rd. Berenberg Bank restated a “buy” rating and issued a GBX 350 ($4.43) target price on shares of Oxford Nanopore Technologies in a report on Wednesday, April 17th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 260 ($3.29) target price on shares of Oxford Nanopore Technologies in a report on Friday, June 28th. Finally, Citigroup restated a “buy” rating and issued a GBX 210 ($2.66) target price on shares of Oxford Nanopore Technologies in a report on Friday, April 12th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus 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.