Oncolytics Biotech Inc. (TSE:ONC - Get Free Report)'s stock price traded up 24.1% during mid-day trading on Wednesday . The stock traded as high as C$1.72 and last traded at C$1.70. 892,106 shares changed hands during mid-day trading, an increase of 556% from the average session volume of 135,968 shares. The stock had previously closed at C$1.37.
Analyst Ratings Changes
Separately, Jones Trading lowered Oncolytics Biotech from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 16th.
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Oncolytics Biotech Price Performance
The firm has a fifty day simple moving average of C$0.79 and a 200 day simple moving average of C$0.94. The company has a market capitalization of C$119.46 million, a PE ratio of -4.32 and a beta of 1.35. The company has a debt-to-equity ratio of 11.75, a quick ratio of 8.86 and a current ratio of 2.99.
About Oncolytics Biotech
(
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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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