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Oncolytics Biotech Inc. (TSE:ONC) Senior Officer Buys C$82,284.50 in Stock

Oncolytics Biotech logo with Medical background

Oncolytics Biotech Inc. (TSE:ONC - Get Free Report) Senior Officer Jared Ryan Kelly bought 50,400 shares of the firm's stock in a transaction on Wednesday, July 16th. The shares were bought at an average cost of C$1.63 per share, for a total transaction of C$82,284.50.

Oncolytics Biotech Stock Down 2.8%

ONC traded down C$0.05 during midday trading on Friday, hitting C$1.73. The company had a trading volume of 245,934 shares, compared to its average volume of 147,357. Oncolytics Biotech Inc. has a 52 week low of C$0.44 and a 52 week high of C$2.08. The company has a quick ratio of 8.86, a current ratio of 2.99 and a debt-to-equity ratio of 11.75. The company has a market capitalization of C$133.34 million, a price-to-earnings ratio of -4.82 and a beta of 1.35. The stock's 50 day moving average price is C$0.92 and its 200 day moving average price is C$0.95.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on Oncolytics Biotech

About Oncolytics Biotech

(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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