Oxford Nanopore Technologies plc (LON:ONT) Insider Gurdial (Gordon) Sanghera Sells 1,993,571 Shares

Oxford Nanopore Technologies plc (LON:ONT) insider Gurdial (Gordon) Sanghera sold 1,993,571 shares of Oxford Nanopore Technologies stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of GBX 142 ($1.85), for a total transaction of £2,830,870.82 ($3,696,618.99).

Oxford Nanopore Technologies Stock Up 3.2 %

LON ONT opened at GBX 143.30 ($1.87) on Thursday. Oxford Nanopore Technologies plc has a 52 week low of GBX 85 ($1.11) and a 52 week high of GBX 229.40 ($3.00). The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. The business’s fifty day simple moving average is GBX 139.89 and its 200-day simple moving average is GBX 118.73. The firm has a market cap of £1.35 billion, a PE ratio of -716.50 and a beta of 0.80.

Analysts Set New Price Targets

ONT has been the topic of a number of research analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 282 ($3.68) price target on shares of Oxford Nanopore Technologies in a research note on Tuesday, September 3rd. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 260 ($3.40) price target on shares of Oxford Nanopore Technologies in a research note on Friday, June 28th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 190 ($2.48) price target on shares of Oxford Nanopore Technologies in a research note on Wednesday, September 4th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 235.50 ($3.08).

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.