Oxford Nanopore Technologies (LON:ONT) Hits New 1-Year Low at $197.80

Oxford Nanopore Technologies plc (LON:ONT – Get Rating)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 197.80 ($2.38) and last traded at GBX 199.40 ($2.40), with a volume of 72727 shares trading hands. The stock had previously closed at GBX 205.50 ($2.47).

Wall Street Analyst Weigh In

Separately, Barclays lowered their target price on Oxford Nanopore Technologies from GBX 420 ($5.05) to GBX 400 ($4.81) and set an “overweight” rating for the company in a report on Tuesday, February 7th.

Oxford Nanopore Technologies Price Performance

The company has a market capitalization of £1.65 billion and a P/E ratio of -1,141.67. The company has a fifty day moving average price of GBX 240.02 and a 200 day moving average price of GBX 256.75. The company has a debt-to-equity ratio of 3.30, a current ratio of 8.51 and a quick ratio of 6.01.

Oxford Nanopore Technologies Company Profile

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Oxford Nanopore Technologies plc develops and commercializes a technology platform using nanopore-based sensing for the analysis of various types of molecules. The company offers MinION, a portable device for deoxyribonucleic acid and ribonucleic acid sequencing; GridION, a self-contained benchtop device for running and analyzing up to five MinION or Flongle flow cells; MinION Mk1C for basecalling and data analysis, touchscreen operation, and wireless connectivity; Flongle, an adapter for use in MinION or GridION devices to attach a Flongle flow cell; GridION Mk1, a benchtop nanopore sequencer; PromethION 2 Solo and PromethION 2, a low-cost access to high-yield PromethION sequencing; PromethION 24 and PromethION 48 benchtop nanopore-based sequencers for multiple users to deliver multi-sample and multi-experiment sequencing results; and VolTRAX, an USB-powered device, which automates laboratory processes upstream of nanopore sequencing.