Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.07 in the prior trading day, Onconetix Inc (NASDAQ: ONCO) closed at $0.07, up 6.62%. In other words, the price has increased by $6.62 from its previous closing price. On the day, 11.22 million shares were traded.
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 0.05. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.10.
Stock Price History:
Over the past 52 weeks, ONCO has reached a high of $14.00, while it has fallen to a 52-week low of $0.05. The 50-Day Moving Average of the stock is 0.37%, while the 200-Day Moving Average is calculated to be -95.47%.
Shares Statistics:
A total of 44.36M shares are outstanding, with a floating share count of 28.64M. Insiders hold about 35.44% of the company’s shares, while institutions hold 0.77% stake in the company.
