Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Onconetix Inc’s current trading price is -92.10% away from its 52-week high, while its distance from the 52-week low is 435.63%. The stock’s price range over this period has fluctuated between $0.32 and $21.40. The company, operating within the financial sector, had a trading volume of approximately 204.66 million for the day, which was noticeably higher than the average daily share volume of 0.32 million over the last 3 months.
In terms of market performance, Onconetix Inc had a fairly uneven. The highest value for the stock in the past year was $21.40 on 05/29/24, and the lowest value was recorded at $0.32 on 12/26/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Onconetix Inc (ONCO) has experienced a quarterly decline of -61.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.00M and boasts a workforce of 23 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.4114, with a change in price of -3.6911. Similarly, Onconetix Inc recorded 2,565,295 in trading volume during the last 100 days, posting a change of -69.07%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ONCO stands at 0.35. Similarly, the long-term debt-to-equity ratio is also 0.00.
ONCO Stock Stochastic Average
Today, Onconetix Inc’s raw stochastic average for the past 50 days stands at 23.57%, indicating a decline from the raw stochastic average of the last 20 days, which was 74.53%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 37.27% and 19.77% respectively.
ONCO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -78.66%. However, over the last six months, the performance has been stronger by -75.55%. The price of ONCO increased 144.91% over the last 30 days. And in the last five days, it has surged by 384.21%.
