Onconetix (ONCO) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Blue Water Biotech, Inc. and changed its name to Onconetix, Inc. in December 2023. Onconetix, Inc. was incorporated in 2018 and is headquartered in Cincinnati, Ohio.

Key Stats

• Today's Range: $0.40 to $0.44
• 50-Day Range: $0.34 to $0.81
• 52-Week Range: $0.32 to $21.40
• Volume: 457,279 shs
• Average Volume: 9.88 million shs
• Market Capitalization: $25.89 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Onconetix Stock Analysis - MarketRank™

Onconetix scored higher than 11% of companies evaluated by MarketBeat, and ranked 944th out of 950 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Onconetix.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Onconetix has a P/B Ratio of 0.13. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

42.36% of the float of Onconetix has been sold short.

Short Interest Ratio / Days to Cover

Onconetix has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Onconetix has recently increased by 767.01%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Onconetix does not currently pay a dividend.

Dividend Growth

Onconetix does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

42.36% of the float of Onconetix has been sold short.

Short Interest Ratio / Days to Cover

Onconetix has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Onconetix has recently increased by 767.01%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Onconetix has a news sentiment score of 1.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Medical companies.

Search Interest

Only 4 people have searched for ONCO on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Onconetix insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.42% of the stock of Onconetix is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 23.89% of the stock of Onconetix is held by institutions.

ONCO Stock Analysis - Frequently Asked Questions

How have ONCO shares performed this year?

Onconetix's stock was trading at $0.63 at the start of the year. Since then, ONCO stock has decreased by 36.3% and is now trading at $0.4011.
View the best growth stocks for 2025 here.

How were Onconetix's earnings last quarter?

Onconetix, Inc. (NASDAQ:ONCO) posted its earnings results on Monday, December, 9th. The company reported ($2.24) earnings per share (EPS) for the quarter.

When did Onconetix's stock split?

Onconetix's stock reverse split before market open on Tuesday, September 24th 2024. The 1-40 reverse split was announced on Friday, September 20th 2024. The number of shares owned by shareholders was adjusted after the market closes on Monday, September 23rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Who are Onconetix's major shareholders?

Onconetix's top institutional shareholders include Geode Capital Management LLC (0.67%) and Millennium Management LLC (0.48%).

How do I buy shares of Onconetix?

Shares of ONCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Onconetix own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Onconetix investors own include QUALCOMM (QCOM), Zura Bio (ZURA), Capital One Financial (COF), Lincoln National (LNC), Ovid Therapeutics (OVID), Plug Power (PLUG) and Sirius XM (SIRI).

Company Calendar

• Last Earnings: 12/09/2024
• Today: 2/21/2025
• Next Earnings (Estimated): 4/10/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:ONCO
• Previous Symbol: NASDAQ:ONCO
• CUSIP: N/A
• CIK: 1782107
• Web: www.bwbioinc.com
• Phone: 513-620-4101
• Fax: N/A
• Employees: 12
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-37,410,000.00
• Net Margins: -2,758.89%
• Pretax Margin: -2,766.32%
• Return on Equity: N/A
• Return on Assets: -48.09%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.06
• Quick Ratio: 0.05

Sales & Book Value

• Annual Sales: $60,000.00
• Price / Sales: 431.45
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.01 per share
• Price / Book: 0.13

Miscellaneous

• Outstanding Shares: 64,540,000
• Free Float: 57,174,000
• Market Cap: $25.89 million
• Optionable: N/A
• Beta: 3.17