Now Is The Time To Build A Position In Onconetix Inc (NASDAQ:ONCO)

In the last trading session, 17.51 million Onconetix Inc (NASDAQ:ONCO) shares changed hands as the company’s beta touched 3.66. With the company’s per share price at $0.16 changed hands at -$0.01 or -8.78% during last session, the market valuation stood at $4.65M. ONCO’s last price was a discount, traded about -481.25% 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 37.5% up since then. When we look at Onconetix Inc’s average trading volume, we note the 10-day average is 6.27 million shares, with the 3-month average coming to 13.39 million.

Onconetix Inc (NASDAQ:ONCO) trade information

Instantly ONCO was in red as seen at the end of in last trading. With action 18.25%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -20.81%, with the 5-day performance at 18.25% in the green. However, in the 30-day time frame, Onconetix Inc (NASDAQ:ONCO) is -7.76% 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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Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -116.40%.

ONCO Dividends

Onconetix Inc is expected to release its next quarterly earnings report in September.

Among Mutual Funds, the top two as of Jun 30, 2024 were Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . With 84.07 shares estimated at $13182.0 under it, the former controlled 0.28% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.25% of the shares, roughly 73.51 shares worth around $11526.0.