Onconetix (NASDAQ:ONCO) Earns Sell (E+) Rating from Weiss Ratings

Onconetix (NASDAQ:ONCOGet Free Report)‘s stock had its “sell (e+)” rating reiterated by equities researchers at Weiss Ratings in a research report issued to clients and investors on Saturday,Weiss Ratings reports.

Onconetix Price Performance

ONCO stock opened at $3.53 on Friday. The business has a 50-day moving average price of $3.16 and a 200 day moving average price of $4.39. The company has a market capitalization of $5.47 million, a P/E ratio of -0.02 and a beta of 3.39. Onconetix has a 1-year low of $2.45 and a 1-year high of $339.15.

Onconetix (NASDAQ:ONCOGet Free Report) last released its quarterly earnings data on Thursday, August 14th. The company reported ($4.05) earnings per share for the quarter. The firm had revenue of $0.11 million during the quarter. Onconetix had a negative net margin of 3,327.03% and a negative return on equity of 192.74%.

Onconetix Company Profile

(Get Free Report)

Onconetix, Inc, a biotechnology company, focuses on the research, development, and commercialization of solutions for men's health and oncology. It offers Entadfi, an FDA-approved, once daily pill that combines finasteride and tadalafil for the treatment of benign prostatic hyperplasia; and Proclarix, an in vitro protein-based blood diagnostic test for prostate cancer.

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