Why Should You Invest In Onconetix Inc (NASDAQ: ONCO)?

In the last trading session, 16.35 million Onconetix Inc (NASDAQ:ONCO) shares changed hands as the company’s beta touched 3.67. With the company’s per share price at $0.17 changed hands at $0.03 or 22.79% during last session, the market valuation stood at $5.10M. ONCO’s last price was a discount, traded about -447.06% off its 52-week high of $0.93. The share price had its 52-week low at $0.10, which suggests the last value was 41.18% up since then. When we look at Onconetix Inc’s average trading volume, we note the 10-day average is 4.57 million shares, with the 3-month average coming to 13.17 million.

Onconetix Inc (NASDAQ:ONCO) trade information

Instantly ONCO was in green as seen at the end of in last trading. With action 24.38%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -13.18%, with the 5-day performance at 24.38% in the green. However, in the 30-day time frame, Onconetix Inc (NASDAQ:ONCO) is -21.26% down. Looking at the short shares, we see there were 0.46 million shares sold at short interest cover period of 0.02 days.

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Onconetix Inc (ONCO) estimates and forecasts

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 58k.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -116.40%.