Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Onconetix Inc’s current trading price is -99.64% away from its 52-week high, while its distance from the 52-week low is 51.39%. The stock’s price range during this period has varied between $0.05 and $21.40. The company, active in the Healthcare sector, saw a trading volume of around 7.61 million for the day, considerably lower average daily volume of 9.13 million observed over the last three months.
Onconetix Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $21.40 on 05/29/24, while the lowest price during the same period was $0.05 on 04/09/25.
How Financial Performance Impacts Market Capitalization
Onconetix Inc (ONCO) has experienced a quarterly decline of -86.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.37M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3034, with a change in price of -0.3440. Similarly, Onconetix Inc recorded 11,069,429 in trading volume during the last 100 days, posting a change of -81.90%.
How ONCO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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, the raw stochastic average of Onconetix Inc over the last 50 days is at 13.33%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 65.61%. Further, the company’s Stochastic %K and %D values for the last 20 days were 56.88% and 54.94%, respectively.
ONCO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -87.94%. However, over the past six months, we’ve seen a stronger performance of -96.87%. The price of ONCO fallen by 21.99% over the last 30 days. And in the last five days, it has surged by 9.51%.