Onconetix Inc (NASDAQ: ONCO) is -85.44% lower on its value in year-to-date trading and has touched a low of $0.09 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 $0.11 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.09, the stock is -41.05% and -75.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.91 million and changing -14.86% at the moment leaves the stock -97.04% off its SMA200. ONCO registered -98.59% loss for a year compared to 6-month loss of -97.28%. The firm has a 50-day simple moving average (SMA 50) of $0.37036 and a 200-day simple moving average (SMA200) of $3.09691.
The stock witnessed a -70.11% gain in the last 1 month and extending the period to 3 months gives it a -73.03%, and is -28.36% 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 28.71% over the week and 16.67% over the month.
Onconetix Inc (ONCO) has around 23 employees, a market worth around $1.33M and $1.87M in sales. Profit margin for the company is -2758.66%. Distance from 52-week low is 5.28% and -99.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-151.50%).
.
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 7.86%. Institutions hold 2.80% of the Float.
Onconetix Inc (ONCO) Insider Activity
#####
