Oxford Nanopore Technologies (LON:ONT) Posts Earnings Results

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

Shares of LON:ONT opened at GBX 94.55 ($1.20) on Tuesday. Oxford Nanopore Technologies has a one year low of GBX 85 ($1.08) and a one year high of GBX 169.20 ($2.15). The company has a 50 day moving average of GBX 132.94 and a 200-day moving average of GBX 138.65. 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 stock has a market cap of £897.32 million, a price-to-earnings ratio of -5.09 and a beta of 0.80.

Analyst Upgrades and Downgrades

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

Oxford Nanopore Technologies Company Profile

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