Wall Street Zen upgraded shares of Onconetix (NASDAQ:ONCO - Free Report) to a hold rating in a report published on Saturday.
Onconetix Stock Down 3.8%
NASDAQ ONCO traded down $0.16 during trading on Friday, hitting $4.10. The company had a trading volume of 729,590 shares, compared to its average volume of 106,855. The company's fifty day moving average is $6.05 and its 200-day moving average is $24.43. Onconetix has a one year low of $3.84 and a one year high of $1,190.00.
Onconetix (NASDAQ:ONCO - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The company reported $21.25 EPS for the quarter. The business had revenue of $0.10 million during the quarter. Onconetix had a negative net margin of 2,913.71% and a negative return on equity of 514.04%.
Institutional Investors Weigh In On Onconetix
An institutional investor recently bought a new position in Onconetix stock. Millennium Management LLC purchased a new position in Onconetix, Inc. (NASDAQ:ONCO - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 39,477 shares of the company's stock, valued at approximately $25,000. Millennium Management LLC owned approximately 0.48% of Onconetix as of its most recent SEC filing. 23.89% of the stock is owned by institutional investors and hedge funds.
About Onconetix
(
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Onconetix, Inc, a biotechnology company, focuses on the research, development, and commercialization of solutions for men's health and oncology. It offers Entadfi, an FDA-approved, once daily pill that combines finasteride and tadalafil for the treatment of benign prostatic hyperplasia; and Proclarix, an in vitro protein-based blood diagnostic test for prostate cancer.
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