Onconetix Inc (NASDAQ: ONCO) is -88.24% lower on its value in year-to-date trading and has touched a low of $0.05 and a high of $14.00 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 $0.07 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.07, the stock is -4.74% and 0.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.22 million and changing 6.62% at the moment leaves the stock -95.47% off its SMA200. ONCO registered -99.10% loss for a year compared to 6-month loss of -87.89%. The firm has a 50-day simple moving average (SMA 50) of $0.07388 and a 200-day simple moving average (SMA200) of $1.63458.
The stock witnessed a 6.93% gain in the last 1 month and extending the period to 3 months gives it a -67.78%, and is -5.00% 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 5.63% over the week and 9.36% over the month.
Onconetix Inc (ONCO) has around 7 employees, a market worth around $3.29M and $2.52M in sales. Profit margin for the company is -2333.39%. Distance from 52-week low is 47.61% and -99.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-597.28%).
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Onconetix Inc (ONCO) Top Institutional Holders
14.0 institutions hold shares in Onconetix Inc (ONCO), with institutional investors hold 0.93% of the company’s shares. The shares outstanding are 44.36M, and float is at 28.64M with Short Float at 22.01%. Institutions hold 0.82% of the Float.
