Oncolytics Biotech Inc. (TSE:ONC - Get Free Report)'s share price traded down 3.4% on Wednesday . The stock traded as low as C$1.10 and last traded at C$1.13. 103,662 shares were traded during mid-day trading, an increase of 2% from the average session volume of 101,767 shares. The stock had previously closed at C$1.17.
Wall Street Analysts Forecast Growth
Separately, Raymond James upgraded shares of Oncolytics Biotech to a "moderate buy" rating in a report on Thursday, November 14th.
Check Out Our Latest Analysis on Oncolytics Biotech
Oncolytics Biotech Stock Performance
The company has a debt-to-equity ratio of 6.09, a quick ratio of 8.86 and a current ratio of 4.99. The stock has a market capitalization of C$89.93 million, a price-to-earnings ratio of -3.08 and a beta of 1.35. The company's 50 day moving average is C$1.33 and its 200 day moving average is C$1.39.
Oncolytics Biotech Company Profile
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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.
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