Oncology Institute Inc’s (NASDAQ:TOI) Forecasted Growth Is -3057.89% Or More

In recent trading session, Oncology Institute Inc (NASDAQ:TOI) saw 0.81 million shares changing hands at last check today with its beta currently measuring 0.37. Company’s recent per share price level of $0.19 trading at $0.0 or 3.78% at last check today assigns it a market valuation of $14.60M. That most recent trading price of TOI’s stock is at a discount of -1215.79% from its 52-week high price of $2.50 and is indicating a premium of 31.58% from its 52-week low price of $0.13. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.95 million shares which gives us an average trading volume of 1.61 million if we extend that period to 3-months.

For Oncology Institute Inc (TOI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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Oncology Institute Inc (NASDAQ:TOI) trade information

Upright in the green today for gaining 3.78%, in the last five days TOI remained trading in the red while hitting it’s week-highest on Friday, 12/13/24 when the stock touched $0.19 price level, adding 20.44% to its value on the day. Oncology Institute Inc’s shares saw a change of -90.53% in year-to-date performance and have moved -15.98% in past 5-day. Oncology Institute Inc (NASDAQ:TOI) showed a performance of 7.35% in past 30-days. Number of shares sold short was 0.25 million shares which calculate 3.38 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 97.62% to its recent value today. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would drop -3057.89% in reaching the projected high whereas dropping to the targeted low would mean a loss of -3057.89% for stock’s current value.

Oncology Institute Inc (NASDAQ:TOI)’s Major holders

Insiders are in possession of 19.56% of company’s total shares while institution are holding 47.59 percent of that, with stock having share float percentage of 59.16%. Investors also watch the number of corporate investors in a company very closely, which is 47.59% institutions for Oncology Institute Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at TOI for having 4.75 million shares of worth $2.19 million. And as of 2024-06-30, it was holding 6.4005 of the company’s outstanding shares.

The second largest institutional holder is DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C), which was holding about 3.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.5263 of outstanding shares, having a total worth of $1.55 million.