Oncolytics Biotech, Inc (NASDAQ: ONCY) is 22.22% higher on its value in year-to-date trading and has touched a low of $0.33 and a high of $1.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ONCY stock was last observed hovering at around $1.25 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $1.32, the stock is 40.55% and 101.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 5.60% at the moment leaves the stock 66.88% off its SMA200. ONCY registered 44.45% gain for a year compared to 6-month loss of 62.96%. The firm has a 50-day simple moving average (SMA 50) of $0.6128 and a 200-day simple moving average (SMA200) of $0.78605.
The stock witnessed a 106.09% gain in the last 1 month and extending the period to 3 months gives it a 130.53%, and is 18.39% up 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 10.16% over the week and 14.22% over the month.
Oncolytics Biotech, Inc (ONCY) has around 28 employees, a market worth around $127.51M and $0.00M in sales. Distance from 52-week low is 305.16% and -13.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-453.37%).
The EPS is expected to grow by 3.87% this year
53.0 institutions hold shares in Oncolytics Biotech, Inc (ONCY), with institutional investors hold 1.59% of the company’s shares. The shares outstanding are 96.60M, and float is at 93.51M with Short Float at 2.79%. Institutions hold 1.53% 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 0.2607 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 0.2496 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 0.14 million shares representing 0.182 and valued at over $0.14 million, while CITADEL ADVISORS LLC holds 0.1802 of the shares totaling 0.14 million with a market value of $0.14 million.
