Oxford Nanopore Technologies plc (LON:ONT) Insider Gurdial (Gordon) Sanghera Sells 45,466 Shares

Oxford Nanopore Technologies plc (LON:ONT) insider Gurdial (Gordon) Sanghera sold 45,466 shares of the company’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was 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 stock was 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 Performance

Shares of LON ONT opened at GBX 102.40 ($1.30) on Thursday. The business has a fifty day simple moving average of GBX 103.18 and a 200 day simple moving average of GBX 132.40. The company has a current ratio of 5.01, a quick ratio of 6.01 and a debt-to-equity ratio of 6.47. The firm has a market capitalization of £883.29 million, a price-to-earnings ratio of -538.95 and a beta of 0.64. Oxford Nanopore Technologies plc has a one year low of GBX 85 ($1.08) and a one year high of GBX 279 ($3.53).

Analyst Upgrades and Downgrades

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

About Oxford Nanopore Technologies

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.