Oxford Nanopore Technologies (LON:ONT) Issues Earnings Results

Oxford Nanopore Technologies (LON:ONT) released its quarterly earnings results on Tuesday. The company reported GBX (16) (($0.20)) 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 Down 10.0 %

Shares of ONT stock opened at GBX 94.55 ($1.20) on Tuesday. The company has a market cap of £897.32 million, a PE ratio of -5.09 and a beta of 0.80. The stock’s 50 day simple moving average is GBX 132.94 and its two-hundred day simple moving average is GBX 138.65. Oxford Nanopore Technologies has a 1 year low of GBX 85 ($1.08) and a 1 year high of GBX 169.20 ($2.15). The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01.

Analyst Upgrades and Downgrades

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

Oxford Nanopore Technologies Company Profile

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