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Insider Buying: Oncolytics Biotech Inc. (TSE:ONC) Senior Officer Acquires 15,000 Shares of Stock

Oncolytics Biotech logo with Medical background

Oncolytics Biotech Inc. (TSE:ONC - Get Free Report) Senior Officer Thomas Heineman acquired 15,000 shares of the business's stock in a transaction dated Thursday, July 17th. The stock was acquired at an average cost of C$1.74 per share, with a total value of C$26,098.50.

Oncolytics Biotech Price Performance

Shares of ONC traded down C$0.04 during midday trading on Friday, hitting C$1.74. The company's stock had a trading volume of 170,908 shares, compared to its average volume of 146,773. The company has a quick ratio of 8.86, a current ratio of 2.99 and a debt-to-equity ratio of 11.75. Oncolytics Biotech Inc. has a one year low of C$0.44 and a one year high of C$2.08. The stock has a market capitalization of C$134.11 million, a price-to-earnings ratio of -4.85 and a beta of 1.35. The company's fifty day simple moving average is C$0.90 and its two-hundred day simple moving average is C$0.95.

Wall Street Analyst Weigh In

Separately, Jones Trading cut Oncolytics Biotech from a "strong-buy" rating to a "hold" rating in a report on Friday, May 16th.

Check Out Our Latest Research Report on ONC

Oncolytics Biotech Company Profile

(Get Free Report)

Oncolytics Biotech Inc, a clinical-stage biopharmaceutical company, focuses on the discovery and development of pharmaceutical products for the treatment of cancer. The company is developing pelareorep, an intravenously delivered immunotherapeutic agent, which is in phase 3 clinical trial for the treatment of hormone receptor-positive / human epidermal growth factor 2-negative metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma.

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