Conversion by Reddy E Premkumar of 983 shares of Onconova Therapeutics
| ONTXDelisted Stock | USD 1.02 0.04 3.77% |
Slightly above 62% of ONTX Old's investor base is looking to short. The analysis of current outlook of investing in ONTX Old suggests that many traders are alarmed regarding ONTX Old's prospects. ONTX Old's investing sentiment can be driven by a variety of factors including economic data, ONTX Old's earnings reports, geopolitical events, and overall market trends.
ONTX |
Filed transaction by Onconova Therapeutics Inc director. Derivative codes conversion of derivative security
Read at macroaxis.com
ONTX Old Fundamental Analysis
We analyze ONTX Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ONTX Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ONTX Old based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
ONTX Old is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
ONTX Old Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ONTX Old stock to make a market-neutral strategy. Peer analysis of ONTX Old could also be used in its relative valuation, which is a method of valuing ONTX Old by comparing valuation metrics with similar companies.
Peers
ONTX Old Related Equities
| TNXP | Tonix Pharmaceuticals | 12.89 | ||||
| IBIO | Ibio | 1.35 | ||||
| JAGX | Jaguar Animal | 0.45 | ||||
| PULM | Pulmatrix | 0.39 | ||||
| ADIL | Adial Pharmaceuticals | 0 | ||||
| BPTH | Bio Path | 1.54 | ||||
| MBRX | Moleculin Biotech | 1.95 | ||||
| GOVX | GeoVax Labs | 2.05 | ||||
| SONN | Sonnet Biotherapeutics | 4.62 | ||||
| PALI | Palisade Bio | 4.90 | ||||
| OCGN | Ocugen | 5.53 | ||||
| VXRT | Vaxart | 5.58 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in ONTX Stock
If you are still planning to invest in ONTX Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ONTX Old's history and understand the potential risks before investing.
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