Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Onconetix Inc (NASDAQ: ONCO) was $0.09 for the day, up 8.37% from the previous closing price of $0.08. In other words, the price has increased by $8.37 from its previous closing price. On the day, 25.34 million shares were traded. ONCO stock price reached its highest trading level at $0.099 during the session, while it also had its lowest trading level at $0.082.
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 3903539 and an Enterprise Value of 17617362. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 9.418 whereas that against EBITDA is -1.345.
Stock Price History:
The Beta on a monthly basis for ONCO is 3.52, which has changed by -0.9856209 over the last 52 weeks, in comparison to a change of 0.11936104 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 $0.05. The 50-Day Moving Average of the stock is 1.38%, while the 200-Day Moving Average is calculated to be -95.53%.
Shares Statistics:
ONCO traded an average of 21.44M shares per day over the past three months and 82586280 shares per day over the past ten days. 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. Shares short for ONCO as of 1745971200 were 1626829 with a Short Ratio of 0.08, compared to 1743379200 on 623441. Therefore, it implies a Short% of Shares Outstanding of 1626829 and a Short% of Float of 3.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
