Oxford Nanopore Technologies (LON:ONT) Hits New 52-Week Low at $105.80

Oxford Nanopore Technologies plc (LON:ONT) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 105.80 ($1.32) and last traded at GBX 106.60 ($1.33), with a volume of 12682 shares trading hands. The stock had previously closed at GBX 107 ($1.33).

Analyst Ratings Changes

Separately, Citigroup reiterated a “buy” rating and issued a GBX 210 ($2.61) price objective on shares of Oxford Nanopore Technologies in a research note on Friday, April 12th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 348.50 ($4.34).

Oxford Nanopore Technologies Price Performance

The company has a debt-to-equity ratio of 6.47, a current ratio of 5.01 and a quick ratio of 6.01. The company’s 50 day moving average is GBX 133.17 and its 200 day moving average is GBX 169.54. The stock has a market cap of £839.32 million, a price-to-earnings ratio of -668.00 and a beta of 0.59.

Insider Activity at Oxford Nanopore Technologies

In other Oxford Nanopore Technologies news, insider Gurdial (Gordon) Sanghera bought 39,196 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was purchased at an average cost of GBX 127 ($1.58) per share, for a total transaction of £49,778.92 ($61,968.03). Insiders purchased 39,421 shares of company stock worth $5,007,852 over the last 90 days. Company insiders own 30.07% 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.