Onconetix Inc (NASDAQ: ONCO) is -88.95% lower on its value in year-to-date trading and has touched a low of $0.05 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 $0.06 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.07, the stock is -22.92% and -73.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.26 million and changing 11.72% at the moment leaves the stock -97.49% off its SMA200. ONCO registered -98.89% loss for a year compared to 6-month loss of -98.65%. The firm has a 50-day simple moving average (SMA 50) of $0.26594 and a 200-day simple moving average (SMA200) of $2.769385.
The stock witnessed a -45.67% gain in the last 1 month and extending the period to 3 months gives it a -89.29%, and is -3.33% 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 34.38% over the week and 21.76% over the month.
Profit margin for the company is -2758.66%. Distance from 52-week low is 38.65% and -99.67% 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 4.33% of the company’s shares. The shares outstanding are 14.55M, and float is at 9.39M with Short Float at 6.64%. Institutions hold 2.80% of the Float.
Onconetix Inc (ONCO) Insider Activity
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