Free Trial

Oncolytics Biotech (TSE:ONC) Shares Down 3.4% - What's Next?

Oncolytics Biotech logo with Medical background

Oncolytics Biotech Inc. (TSE:ONC - Get Free Report)'s stock price traded down 3.4% during mid-day trading on Wednesday . The company traded as low as C$1.10 and last traded at C$1.13. 103,662 shares changed hands 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 raised Oncolytics Biotech to a "moderate buy" rating in a research report on Thursday, November 14th.

Read Our Latest Report on Oncolytics Biotech

Oncolytics Biotech Price Performance

The stock has a market capitalization of C$89.16 million, a P/E ratio of -3.05 and a beta of 1.35. The company has a debt-to-equity ratio of 6.09, a current ratio of 4.99 and a quick ratio of 8.86. The company's 50-day simple moving average is C$1.31 and its 200-day simple moving average is C$1.39.

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.

See Also

Should You Invest $1,000 in Oncolytics Biotech Right Now?

Before you consider Oncolytics Biotech, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oncolytics Biotech wasn't on the list.

While Oncolytics Biotech currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines