The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Onconetix Inc’s current trading price is -96.22% away from its 52-week high, while its distance from the 52-week low is 156.64%. The stock’s price range for this period has been between $0.32 and $21.40 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 29.78 million for the day, a number notably higher than the average daily volume of 4.8 million over the last three months.
Onconetix Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $21.40 on 05/29/24, while the lowest value for the same period 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 -82.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.36M 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 3.3074, with a change in price of -4.4943. Similarly, Onconetix Inc recorded 3,743,801 in trading volume during the last 100 days, posting a change of -84.73%.
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
As of today, Onconetix Inc’s raw stochastic average for the last 50 days stands at 10.06%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 27.54%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 21.26% and 19.59%, respectively.
ONCO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant gain of 28.52% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -87.03%. Over the past 30 days, the price of ONCO has fallen by 32.28%. And in the last five days, it has surged by 131.34%.
