Oncolytics Biotech, Inc (NASDAQ: ONCY) is -8.24% 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 $0.82 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $0.84, the stock is -5.35% and -10.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.78 million and changing 2.26% at the moment leaves the stock -18.50% off its SMA200. ONCY registered -31.27% loss for a year compared to 6-month loss of -20.89%. The firm has a 50-day simple moving average (SMA 50) of $0.9348 and a 200-day simple moving average (SMA200) of $1.029.
The stock witnessed a 3.06% gain in the last 1 month and extending the period to 3 months gives it a -32.38%, and is -3.40% 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 9.66% over the week and 9.57% over the month.
Oncolytics Biotech, Inc (ONCY) has around 27 employees, a market worth around $64.62M and $0.00M in sales. Distance from 52-week low is 18.08% and -45.20% 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, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
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 3.70%. 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.
