Does Onconetix Inc (NASDAQ:ONCO) Look Expensive At $0.12? Here’s How To Know.

In last trading session, Onconetix Inc (NASDAQ:ONCO) saw 0.54 million shares changing hands with its beta currently measuring 3.35. Company’s recent per share price level of $0.12 trading at $0.01 or 9.29% at ring of the bell on the day assigns it a market valuation of $2.76M. That closing price of ONCO’s stock is at a discount of -1216.67% from its 52-week high price of $1.58 and is indicating a premium of 16.67% from its 52-week low price of $0.10. Taking a look at company’s average trading volume volume of 577.32K if we extend that period to 3-months.

Onconetix Inc (NASDAQ:ONCO) trade information

Upright in the green during last session for gaining 9.29%, in the last five days ONCO remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $0.12 price level, adding 4.38% to its value on the day. Onconetix Inc’s shares saw a change of -37.63% in year-to-date performance and have moved 6.01% in past 5-day. Onconetix Inc (NASDAQ:ONCO) showed a performance of -26.22% in past 30-days.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 58k for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -116.40% during past 5 years.

ONCO Dividends

Onconetix Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

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