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Oncolytics Biotech (TSE:ONC) Sets New 1-Year Low - Here's Why

Oncolytics Biotech logo with Medical background

Shares of Oncolytics Biotech Inc. (TSE:ONC - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.86 and last traded at C$0.88, with a volume of 6500 shares changing hands. The stock had previously closed at C$0.90.

Oncolytics Biotech Stock Down 2.5 %

The business's fifty day simple moving average is C$1.01 and its 200 day simple moving average is C$1.26. The stock has a market cap of C$59.35 million, a price-to-earnings ratio of -2.15 and a beta of 1.35. The company has a current ratio of 2.99, a quick ratio of 8.86 and a debt-to-equity ratio of 11.75.

Oncolytics Biotech Company Profile

(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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