Onconetix Inc (NASDAQ:ONCO) currently has a daily average trading volume of 9.68M but it saw 1405862 shares traded in last market. With a market cap of 0.86M USD, the company’s current market price of $0.06 came falling about -8.02 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.40 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.0591 while lowest mark touched by it was $0.0647.
Taking a look at 20-day trading activity of Onconetix Inc (ONCO) gives us an average price of $0.0839, while its current price level is -99.72% below from 52-week high level whereas it is 18.73% 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 $0.2433 while that of 200 days or SMA-200 reads an average of $2.6953. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.50% during that period while stretching the period over a month that increases to 22.02%. 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 21.95 which implies that the stock is in oversold territory.
Over the week, ONCO’s stock price is moving -6.29% down while it is -52.09% when we observe its performance for the past one month. Year-to-date it is -90.54% down and over the past year, the stock is showing a downside performance of -98.94%.
The company is expected to be releasing its next quarterly report in May, 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 35.43% 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 3.45. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.46. Its return on asset (ROA) is -114.93% on average.
