Onconetix Inc (NASDAQ:ONCO) currently has a daily average trading volume of 10.71M but it saw 69023859 shares traded in last market. With a market cap of 1.57M USD, the company’s current market price of $0.11 came rising about 1.60 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.40 and as low as $0.09. In the recent trading on the day, stock has struck highest price mark of $0.101 while lowest mark touched by it was $0.1496.
Taking a look at 20-day trading activity of Onconetix Inc (ONCO) gives us an average price of $0.1633, while its current price level is -99.50% below from 52-week high level whereas it is 23.65% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3795 while that of 200 days or SMA-200 reads an average of $3.1289. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.21% during that period while stretching the period over a month that decreases to 16.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 20.51 which implies that the stock is in oversold territory.
Over the week, ONCO’s stock price is moving -17.34% down while it is -66.34% when we observe its performance for the past one month. Year-to-date it is -82.90% down and over the past year, the stock is showing a downside performance of -98.35%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Onconetix Inc’s total number of outstanding shares is 14.55M with 35.48% of that held by the insiders while 2.80% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -151.50% and return on equity (ROE) at -233.77%. Stock’s beta reads 3.43. Stock has a price to book (P/B) ratio of 0.03 while price to sale or P/S ratio amounts to 0.84. Its return on asset (ROA) is -114.93% on average.
