Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Oncolytics Biotech, Inc (NASDAQ: ONCY) was $1.06 for the day, up 6.53% from the previous closing price of $1.00. In other words, the price has increased by $6.53 from its previous closing price. On the day, 0.54 million shares were traded. ONCY stock price reached its highest trading level at $1.075 during the session, while it also had its lowest trading level at $0.98.
Ratios:
Our analysis of ONCY’s different ratios will help us gain a deeper understanding of the company. 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 81698536 and an Enterprise Value of 55561612.
Stock Price History:
Over the past 52 weeks, ONCY has reached a high of $1.75, while it has fallen to a 52-week low of $0.84. The 50-Day Moving Average of the stock is -2.63%, while the 200-Day Moving Average is calculated to be 0.21%.
Shares Statistics:
ONCY traded an average of 436.41K shares per day over the past three months and 377950 shares per day over the past ten days. A total of 74.42M shares are outstanding, with a floating share count of 74.01M. Insiders hold about 3.98% of the company’s shares, while institutions hold 1.66% stake in the company. Shares short for ONCY as of 1730332800 were 2809550 with a Short Ratio of 6.08, compared to 1727654400 on 1017214. Therefore, it implies a Short% of Shares Outstanding of 2809550 and a Short% of Float of 3.8900003.
