Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Oncolytics Biotech, Inc (NASDAQ: ONCY) closed at $0.93 down -3.09% from its previous closing price of $0.96. In other words, the price has decreased by -$3.09 from its previous closing price. On the day, 0.51 million shares were traded. ONCY stock price reached its highest trading level at $0.9749 during the session, while it also had its lowest trading level at $0.9252.
Ratios:
For a deeper understanding of Oncolytics Biotech, Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.99 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on October 06, 2022, initiated with a Buy rating and assigned the stock a target price of $3.
On February 17, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONCY now has a Market Capitalization of 72325656 and an Enterprise Value of 55561612.
Stock Price History:
The Beta on a monthly basis for ONCY is 1.26, which has changed by -0.22580647 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, ONCY has reached a high of $1.53, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is -5.44%, while the 200-Day Moving Average is calculated to be -10.14%.
Shares Statistics:
For the past three months, ONCY has traded an average of 614.22K shares per day and 820250 over the past ten days. A total of 77.07M shares are outstanding, with a floating share count of 76.02M. Insiders hold about 1.37% of the company’s shares, while institutions hold 1.62% stake in the company. Shares short for ONCY as of 1730332800 were 2809550 with a Short Ratio of 4.32, compared to 1727654400 on 1017214. Therefore, it implies a Short% of Shares Outstanding of 2809550 and a Short% of Float of 3.8900003.
