Insider Buying at Oxford Nanopore Technologies plc

On February 7th, Nick Keher, an insider at Oxford Nanopore Technologies plc (LON:ONT - Get Free Report), made a purchase of 109 shares of the company’s stock. The shares were acquired at an average price of GBX 138, which equals approximately $1.72 per share. The total value of this transaction amounted to £150.42, or around $187.07.

In addition to this recent purchase, Keher has participated in several other notable transactions regarding the company's stock:

• On January 13th, he acquired 114 shares at an average price of GBX 132 ($1.64), resulting in a total investment of £150.48 ($187.14).
• On December 11th, he purchased 106 shares at an average cost of GBX 142 ($1.77), with a total transaction value of £150.52 ($187.19).
• On November 12th, Keher acquired 105 shares also at an average cost of GBX 142 ($1.77), totaling £149.10 ($185.42).

Current Stock Performance

During midday trading on Friday, Oxford Nanopore’s stock price fell by GBX 1.32 ($0.02), bringing the stock down to GBX 132.68 ($1.65). A total of 3,822,456 shares were traded that day, significantly less than the average trading volume of 9,845,570 shares. As of now, the market capitalization of Oxford Nanopore Technologies stands at approximately £1.25 billion. The company’s current price-to-earnings (PE) ratio is -663.41 with a beta of 0.80. The stock has fluctuated between a 52-week low of GBX 85 ($1.06) and a high of GBX 169.20 ($2.10). The financial metrics also indicate a debt-to-equity ratio of 8.07, a current ratio of 4.45, and a quick ratio of 6.01. The fifty-day moving average price is GBX 142.24 while the 200-day moving average price is GBX 138.27.

Analyst Ratings and Price Targets

JPMorgan Chase & Co. recently reaffirmed an "overweight" rating on the shares of Oxford Nanopore Technologies in a research note dated December 6th. Currently, five investment analysts have rated the stock as a buy. According to MarketBeat.com, the stock has a consensus rating of "Buy" with a target price set at GBX 235.50 ($2.93).

About Oxford Nanopore Technologies

Oxford Nanopore Technologies aims to enable comprehensive analysis by providing tools that allow anyone, anywhere, to conduct research and analysis using their technology.

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