Onconetix Inc (NASDAQ: ONCO) is -84.32% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $21.40 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 $0.12 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.10, the stock is -46.30% and -75.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.94 million and changing -17.53% at the moment leaves the stock -96.91% off its SMA200. ONCO registered -98.52% loss for a year compared to 6-month loss of -97.00%. The firm has a 50-day simple moving average (SMA 50) of $0.40028 and a 200-day simple moving average (SMA200) of $3.19598.
The stock witnessed a -75.30% gain in the last 1 month and extending the period to 3 months gives it a -72.56%, and is -20.58% 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 15.22% over the week and 13.46% over the month.
Onconetix Inc (ONCO) has around 23 employees, a market worth around $1.44M and $1.87M in sales. Profit margin for the company is -2758.66%. Distance from 52-week low is -14.09% and -99.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-151.50%).
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Onconetix Inc (ONCO) Top Institutional Holders
12.0 institutions hold shares in Onconetix Inc (ONCO), with institutional investors hold 4.34% of the company’s shares. The shares outstanding are 14.55M, and float is at 9.39M with Short Float at 2.23%. Institutions hold 2.80% of the Float.
Onconetix Inc (ONCO) Insider Activity
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