Oncolytics Biotech Inc. (TSE:ONC - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.95 and traded as low as C$0.80. Oncolytics Biotech shares last traded at C$0.87, with a volume of 194,637 shares changing hands.
Analysts Set New Price Targets
Separately, Jones Trading lowered shares of Oncolytics Biotech from a "strong-buy" rating to a "hold" rating in a report on Friday, May 16th.
View Our Latest Research Report on Oncolytics Biotech
Oncolytics Biotech Stock Down 4.0%
The stock's fifty day moving average is C$0.70 and its 200 day moving average is C$0.94. The company has a current ratio of 2.99, a quick ratio of 8.86 and a debt-to-equity ratio of 11.75. The company has a market capitalization of C$74.76 million, a P/E ratio of -2.70 and a beta of 1.35.
Oncolytics Biotech Company Profile
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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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