If You’re An Adventuresome Investor, Then Take A Chance On Onconetix Inc (NASDAQ: ONCO)

In the last trading session, 1.51 million shares of the Onconetix Inc (NASDAQ:ONCO) were traded, and its beta was 3.62. Most recently the company’s share price was $0.12, and it changed around -$0.01 or -7.47% from the last close, which brings the market valuation of the company to $3.65M. ONCO currently trades at a discount to its 52-week high of $0.78, offering almost -550.0% off that amount. The share price’s 52-week low was $0.10, which indicates that the current value has risen by an impressive 16.67% since then. We note from Onconetix Inc’s average daily trading volume that its 10-day average is 0.61 million shares, with the 3-month average coming to 10.34 million.

Onconetix Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended ONCO as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

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Onconetix Inc (NASDAQ:ONCO) trade information

Instantly ONCO has showed a red trend with a performance of -7.47% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.1376 on recent trading dayincreased the stock’s daily price by 12.79%. The company’s shares are currently down -38.08% year-to-date, but still down -2.23% over the last five days. On the other hand, Onconetix Inc (NASDAQ:ONCO) is -18.27% down in the 30-day period. We can see from the shorts that 0.7 million shares have been sold at a short interest cover period of 0.2 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -116.40%.

ONCO Dividends

Onconetix Inc’s next quarterly earnings report is expected to be released in October.