Oxford Nanopore Technologies (LON:ONT) Issues Quarterly Earnings Results

Oxford Nanopore Technologies (LON:ONT) issued its quarterly earnings data on Tuesday. The company reported GBX (16) (($0.21)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.

Oxford Nanopore Technologies Trading Up 0.7 %

ONT traded up GBX 0.63 ($0.01) during trading hours on Thursday, reaching GBX 92.28 ($1.19). 6,804,225 shares of the company’s stock traded hands, compared to its average volume of 8,715,106. The firm has a 50-day moving average price of GBX 131.16 and a 200 day moving average price of GBX 138.19. The firm has a market capitalization of £875.73 million, a PE ratio of -4.97 and a beta of 0.80. The company has a quick ratio of 6.01, a current ratio of 4.45 and a debt-to-equity ratio of 8.07. Oxford Nanopore Technologies has a 52-week low of GBX 85 ($1.10) and a 52-week high of GBX 169.20 ($2.18).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of Oxford Nanopore Technologies in a report on Friday, December 6th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 235.50 ($3.04).

Oxford Nanopore Technologies Company Profile

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