Daily Market Movement: Onconetix Inc (ONCO) Sees a 11.91 Increase, Closing at 0.61

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The closing price of Onconetix Inc (NASDAQ: ONCO) was $0.61 for the day, up 11.91% from the previous closing price of $0.54. In other words, the price has increased by $11.91 from its previous closing price. On the day, 0.64 million shares were traded. ONCO stock price reached its highest trading level at $0.6177 during the session, while it also had its lowest trading level at $0.511.

Ratios:

Our analysis of ONCO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.06. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONCO now has a Market Capitalization of 8858027 and an Enterprise Value of 21958788. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.74 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 15.002 whereas that against EBITDA is -1.45.

Stock Price History:

The Beta on a monthly basis for ONCO is 3.17, which has changed by -0.92 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, ONCO has reached a high of $21.40, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is 1.89%, while the 200-Day Moving Average is calculated to be -85.30%.

Shares Statistics:

ONCO traded an average of 8.92M shares per day over the past three months and 19375120 shares per day over the past ten days. A total of 8.31M shares are outstanding, with a floating share count of 3.14M. Insiders hold about 62.13% of the company’s shares, while institutions hold 7.49% stake in the company. Shares short for ONCO as of 1731628800 were 33333 with a Short Ratio of 0.02, compared to 1728950400 on 20287. Therefore, it implies a Short% of Shares Outstanding of 33333 and a Short% of Float of 0.72000003.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Most Popular