Gurdial (Gordon) Sanghera Sells 20,188 Shares of Oxford Nanopore Technologies plc (LON:ONT) Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Gurdial (Gordon) Sanghera sold 20,188 shares of the stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of GBX 119 ($1.58), for a total transaction of £24,023.72 ($31,916.73).

Oxford Nanopore Technologies Trading Up 3.0 %

ONT opened at GBX 122.51 ($1.63) on Friday. The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01. The company’s 50 day simple moving average is GBX 108.69 and its two-hundred day simple moving average is GBX 128.56. Oxford Nanopore Technologies plc has a 1-year low of GBX 85 ($1.13) and a 1-year high of GBX 169.20 ($2.25). The firm has a market capitalization of £1.16 billion, a price-to-earnings ratio of -6.60 and a beta of 0.80.

Oxford Nanopore Technologies (LON:ONT) last released its earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) earnings per share for the quarter. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price objective on shares of Oxford Nanopore Technologies from GBX 282 ($3.75) to GBX 250 ($3.32) and set a “buy” rating for the company in a report on Wednesday, March 19th.

About Oxford Nanopore Technologies

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