In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
After finishing at $0.11 in the prior trading day, Onconetix Inc (NASDAQ: ONCO) closed at $0.09, down -14.86%. In other words, the price has decreased by -$14.86 from its previous closing price. On the day, 7.91 million shares were traded. ONCO stock price reached its highest trading level at $0.0999 during the session, while it also had its lowest trading level at $0.088.
Ratios:
Our goal is to gain a better understanding of ONCO by taking a closer look at its different ratios. 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 1333794 and an Enterprise Value of 17648054. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 9.434 whereas that against EBITDA is -1.347.
Stock Price History:
The Beta on a monthly basis for ONCO is 3.43, which has changed by -0.98525643 over the last 52 weeks, in comparison to a change of 0.06429911 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 $0.09. The 50-Day Moving Average of the stock is -75.24%, while the 200-Day Moving Average is calculated to be -97.04%.
Shares Statistics:
The stock has traded on average 11.83M shares per day over the past 3-months and 13779280 shares per day over the last 10 days, according to various share statistics. A total of 14.55M shares are outstanding, with a floating share count of 9.39M. Insiders hold about 35.43% of the company’s shares, while institutions hold 2.64% stake in the company. Shares short for ONCO as of 1741910400 were 738318 with a Short Ratio of 0.06, compared to 1739491200 on 193857. Therefore, it implies a Short% of Shares Outstanding of 738318 and a Short% of Float of 6.77.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
