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

Oxford Nanopore Technologies (LON:ONT) released its quarterly earnings results on Tuesday. The company reported GBX (16) (($0.21)) 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 Price Performance

Oxford Nanopore Technologies stock opened at GBX 91.40 ($1.18) on Thursday. 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). The firm has a market cap of £867.43 million, a PE ratio of -4.92 and a beta of 0.80. The company’s 50 day moving average is GBX 131.16 and its two-hundred day moving average is GBX 138.19.

Wall Street Analysts Forecast Growth

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

About Oxford Nanopore Technologies

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