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Oncolytics Biotech (TSE:ONC) Sets New 52-Week Low - Time to Sell?

Oncolytics Biotech logo with Medical background
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Oncolytics Biotech Inc. (TSE:ONC - Get Free Report)'s share price hit a new 52-week low on Tuesday . The stock traded as low as C$0.86 and last traded at C$0.86, with a volume of 47955 shares trading hands. The stock had previously closed at C$0.89.

Oncolytics Biotech Stock Performance

The company has a debt-to-equity ratio of 11.75, a current ratio of 2.99 and a quick ratio of 8.86. The firm has a market cap of C$70.14 million, a price-to-earnings ratio of -2.54 and a beta of 1.35. The company has a fifty day moving average price of C$1.05 and a two-hundred day moving average price of C$1.28.

About Oncolytics Biotech

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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.

Further Reading

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