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The closing price of Onconetix Inc (NASDAQ: ONCO) was $0.60 for the day, down -7.43% from the previous closing price of $0.65. In other words, the price has decreased by -$7.43 from its previous closing price. On the day, 1.35 million shares were traded. ONCO stock price reached its highest trading level at $0.729 during the session, while it also had its lowest trading level at $0.594.
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 4990939 and an Enterprise Value of 21958788. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 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 3.14, which has changed by -0.90552324 over the last 52 weeks, in comparison to a change of 0.23147523 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 -41.16%, while the 200-Day Moving Average is calculated to be -86.65%.
Shares Statistics:
ONCO traded an average of 5.63M shares per day over the past three months and 33632470 shares per day over the past ten days. A total of 8.31M shares are outstanding, with a floating share count of 3.50M. Insiders hold about 57.85% 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 0.05, 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.
