Oncolytics Biotech, Inc (NASDAQ: ONCY) is -5.01% lower on its value in year-to-date trading and has touched a low of $0.71 and a high of $1.53 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 ONCY stock was last observed hovering at around $0.91 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.87, the stock is -2.11% and -10.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.47 million and changing -5.08% at the moment leaves the stock -16.05% off its SMA200. ONCY registered -36.18% loss for a year compared to 6-month loss of -14.90%. The firm has a 50-day simple moving average (SMA 50) of $0.97 and a 200-day simple moving average (SMA200) of $1.0341.
The stock witnessed a -1.70% gain in the last 1 month and extending the period to 3 months gives it a -31.65%, and is -5.01% 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 5.30% over the week and 8.58% over the month.
Oncolytics Biotech, Inc (ONCY) has around 27 employees, a market worth around $66.90M and $0.00M in sales. Distance from 52-week low is 22.24% and -43.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-278.00%).
The EPS is expected to shrink by -1.84% this year
47.0 institutions hold shares in Oncolytics Biotech, Inc (ONCY), with institutional investors hold 1.83% of the company’s shares. The shares outstanding are 77.07M, and float is at 76.02M with Short Float at 3.49%. Institutions hold 1.76% of the Float.
The top institutional shareholder in the company is INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC with over 0.2 million shares valued at $0.2 million. The investor’s holdings represent 0.2637 of the ONCY Shares outstanding. As of 2024-06-30, the second largest holder is SEEDS INVESTOR LLC with 0.19 million shares valued at $0.19 million to account for 0.2524 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 0.14 million shares representing 0.1841 and valued at over $0.14 million, while CITADEL ADVISORS LLC holds 0.1822 of the shares totaling 0.14 million with a market value of $0.14 million.
