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Oncolytics Biotech (NASDAQ:ONCY) Trading Up 3.2% - What's Next?

Oncolytics Biotech logo with Medical background

Oncolytics Biotech Inc. (NASDAQ:ONCY - Get Free Report) was up 3.2% on Friday . The stock traded as high as $0.96 and last traded at $0.96. Approximately 263,496 shares were traded during trading, an increase of 3% from the average daily volume of 256,898 shares. The stock had previously closed at $0.93.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ONCY shares. HC Wainwright reaffirmed a "buy" rating and issued a $5.00 price target on shares of Oncolytics Biotech in a report on Thursday, November 14th. Leede Financial downgraded shares of Oncolytics Biotech from a "strong-buy" rating to a "moderate buy" rating in a research report on Wednesday, November 13th. Finally, Raymond James upgraded shares of Oncolytics Biotech to a "moderate buy" rating in a research note on Thursday, November 14th.

View Our Latest Analysis on ONCY

Oncolytics Biotech Price Performance

The business's 50-day moving average price is $0.97 and its 200-day moving average price is $1.01. The firm has a market capitalization of $74.35 million, a PE ratio of -3.56 and a beta of 1.63.

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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