Onconetix Stock Today

ONCO Stock  USD 0.80  0.29  26.61%   

Performance

0 of 100

 
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Odds Of Distress

Over 85

 
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Onconetix is selling at 0.8 as of the 25th of November 2024; that is 26.61 percent decrease since the beginning of the trading day. The stock's open price was 1.09. Onconetix has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Onconetix symbol was changed from BWV on 22nd of December 2023. Equity ratings for Onconetix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
18th of February 2022
Category
Healthcare
Classification
Health Care
Oncology Med, Inc. offer full service cancer center solutions. The company has 8.29 M outstanding shares of which 21.7 K shares are now shorted by private and institutional investors with about 0.23 trading days to cover. More on Onconetix

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Onconetix Stock Highlights

Older SymbolBWV
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, OMX Stockholm Small, OMX Stockholm, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover5.0E-46.0E-4
Fairly Down
Slightly volatile
Total Current Liabilities18 M17.2 M
Sufficiently Up
Slightly volatile
Total Assets93.3 M88.8 M
Sufficiently Up
Slightly volatile
Total Current Assets10.1 M5.8 M
Way Up
Slightly volatile
Onconetix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Onconetix's financial leverage. It provides some insight into what part of Onconetix's total assets is financed by creditors.
Liquidity
Onconetix currently holds 9.89 M in liabilities. Onconetix has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Onconetix's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

57,796.2
Onconetix (ONCO) is traded on NASDAQ Exchange in USA. It is located in 201 East Fifth Street, Cincinnati, OH, United States, 45202 and employs 12 people. Onconetix was previously known as BWV and was traded on NASDAQ Exchange under the symbol BWV. Onconetix is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.04 M. Onconetix conducts business under Biotechnology sector and is part of Health Care industry. The entity has 8.29 M outstanding shares of which 21.7 K shares are now shorted by private and institutional investors with about 0.23 trading days to cover. Onconetix currently holds about 113.36 K in cash with (13.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Onconetix Probability Of Bankruptcy
Ownership Allocation
Onconetix has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check Onconetix Ownership Details

Onconetix Historical Income Statement

At this time, Onconetix's Depreciation And Amortization is very stable compared to the past year. As of the 25th of November 2024, Other Operating Expenses is likely to grow to about 37.9 M, though Gross Profit is likely to grow to (1.1 M). View More Fundamentals

Onconetix Stock Against Markets

Onconetix Corporate Management

MD MBAChief OfficerProfile
Christian BruhlmannChief OfficerProfile
Dr VerySenior DevelopmentProfile
Theodore YohoHead DevelopmentProfile
Erin HendersonConsultantProfile
Brian PriceHead StrategyProfile
Ali FattomHead DiscoveryProfile
When determining whether Onconetix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onconetix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Onconetix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onconetix Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onconetix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onconetix. If investors know Onconetix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onconetix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(109.20)
Revenue Per Share
2.892
Return On Assets
(0.22)
Return On Equity
(17.58)
The market value of Onconetix is measured differently than its book value, which is the value of Onconetix that is recorded on the company's balance sheet. Investors also form their own opinion of Onconetix's value that differs from its market value or its book value, called intrinsic value, which is Onconetix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onconetix's market value can be influenced by many factors that don't directly affect Onconetix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onconetix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onconetix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onconetix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.