Onconetix Inc (NASDAQ: ONCO) is -22.22% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $1.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ONCO stock was last observed hovering at around $0.16 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.15, the stock is -11.24% and -13.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -6.04% at the moment leaves the stock -70.42% off its SMA200. ONCO registered -84.75% loss for a year compared to 6-month loss of -72.12%. The firm has a a 200-day simple moving average (SMA200) of -$0.49.
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The stock witnessed a -10.31% gain in the last 1 month and extending the period to 3 months gives it a -27.01%, and is -7.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.35% over the week and 8.71% over the month.
Onconetix Inc (ONCO) has around 12 employees, a market worth around $3.44M and $0.00M in sales. Distance from 52-week low is 5.84% and -90.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-178.55%).
Onconetix Inc quarterly earnings per share for the current quarter are estimated at -$0.21.
24 institutions hold shares in Onconetix Inc (ONCO), with institutional investors hold 24.26% of the company’s shares. The shares outstanding are 22.32M, and float is at 16.61M with Short Float at 3.83%. Institutions hold 18.86% of the Float.
