Oxford Nanopore Technologies (LON:ONT) Releases Earnings Results

Oxford Nanopore Technologies (LON:ONT) announced its quarterly earnings results on Tuesday. The company reported GBX (16) (($0.20)) earnings per share for the quarter, Digital Look Earnings reports. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.

Oxford Nanopore Technologies Stock Performance

Shares of LON ONT opened at GBX 94.55 ($1.20) on Tuesday. The stock has a market capitalization of £897.32 million, a PE ratio of -5.09 and a beta of 0.80. Oxford Nanopore Technologies has a 52 week low of GBX 85 ($1.08) and a 52 week high of GBX 169.20 ($2.15). The stock has a 50 day moving average price of GBX 132.94 and a 200 day moving average price of GBX 138.65. The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Oxford Nanopore Technologies in a research note on Friday, December 6th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Oxford Nanopore Technologies currently has a consensus rating of “Buy” and a consensus price target of GBX 235.50 ($2.99).

Oxford Nanopore Technologies Company Profile

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