Oxford Nanopore Technologies plc (LON:ONT – Get Free Report)’s share price was down 10.2% during trading on Monday . The stock traded as low as GBX 127 ($1.60) and last traded at GBX 128.50 ($1.62). Approximately 3,354,197 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 2,182,529 shares. The stock had previously closed at GBX 143.10 ($1.80).
Analysts Set New Price Targets
ONT has been the subject of a number of recent analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 282 ($3.54) price objective on shares of Oxford Nanopore Technologies in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Oxford Nanopore Technologies in a research note on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 190 ($2.39) 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.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 235.50 ($2.96).
Read Our Latest Report on Oxford Nanopore Technologies
Oxford Nanopore Technologies Price Performance
Insider Buying and Selling
In related news, insider Gurdial (Gordon) Sanghera sold 1,993,571 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of GBX 142 ($1.78), for a total transaction of £2,830,870.82 ($3,558,158.40). Insiders have acquired a total of 310 shares of company stock valued at $45,010 in the last ninety days. Company insiders own 32.62% of the company’s stock.
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.
Read More
- Five stocks we like better than Oxford Nanopore Technologies
- Why Are These Companies Considered Blue Chips?
- Dow Jones: A Relevant Benchmark or a Relic of the Past?
- What Are Some of the Best Large-Cap Stocks to Buy?
- 3 Big-Name Stocks Just Announced Big-Time Dividend Increases
- What is a buyback in stocks? A comprehensive guide for investors
- Market Overreaction: 2 Stocks to Buy on the Way Down
Receive News & Ratings for Oxford Nanopore Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Nanopore Technologies and related companies with MarketBeat.com's FREE daily email newsletter.