Onconetix Inc (NASDAQ:ONCO) does about 12.87M shares in volume on a normal day but saw 1556813 shares change hands in the recent trading day. The company now has a market cap of 3.95M USD. Its current market price is $0.18, marking an increase of 2.55% compared to the previous close of $0.17. The 52 week high reached by this stock is $1.15 whilst the lowest price level in 52 weeks is $0.10.
Onconetix Inc (ONCO) has a 20-day trading average at $0.1607 and the current price is -84.61% off the 52-week high compared with 76.82% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1661 and its 200-day simple moving average is $0.2041. If we look at the stock’s price movements over the week, volatility stands at 13.48%, which increases to 14.82% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 54.17 to suggest the stock is neutral.
The consensus objective for the share price is $9.00, suggesting that the stock has a potential upside of 98.0% over the period.
Onconetix Inc (ONCO) stock is up 13.46% over the week and -13.62% over the past month. Its price is -10.61% year-to-date and -83.30% over the past year.
To reach the target analysts have set, the stock logically needs to grow 98.0 percent from here.
The company has a return on investment of -106.58% and return on equity of -146.42%. The beta has a value of 3.65. Price to sales ratio is 5.20.
