Oncternal Therapeutics Inc. (NASDAQ:ONCT) went up by 8.43% from its latest closing price compared to the recent 1-year high of $10.56. The company’s stock price has collected 9.76% of gains in the last five trading sessions. Press Release reported on 07/01/21 that Oncternal Therapeutics Appoints Pablo Urbaneja as Sr. Vice President, Corporate Development
Is It Worth Investing in Oncternal Therapeutics Inc. (NASDAQ :ONCT) Right Now?
Plus, the 36-month beta value for ONCT is at 1.61. Opinions of the stock are interesting as 4 analysts out of 4 who provided ratings for Oncternal Therapeutics Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $15.50. ONCT currently public float of 43.53M and currently shorts hold a 6.29% ratio of that float. Today, the average trading volume of ONCT was 1.12M shares.
ONCT’s Market Performance
ONCT stocks went up by 9.76% for the week, with a monthly drop of -17.13% and a quarterly performance of -32.23%, while its annual performance rate touched 77.17%. The volatility ratio for the week stands at 6.37% while the volatility levels for the past 30 days are set at 5.84% for Oncternal Therapeutics Inc.. The simple moving average for the period of the last 20 days is -2.02% for ONCT stocks with a simple moving average of -13.00% for the last 200 days.
Analysts’ Opinion of ONCT
Many brokerage firms have already submitted their reports for ONCT stocks, with Oppenheimer repeating the rating for ONCT by listing it as a “Outperform.” The predicted price for ONCT in the upcoming period, according to Oppenheimer is $14 based on the research report published on April 07th of the current year 2021.
Northland Capital, on the other hand, stated in their research note that they expect to see ONCT reach a price target of $21. The rating they have provided for ONCT stocks is “Outperform” according to the report published on February 23rd, 2021.
ONCT Trading at -11.20% from the 50-Day Moving Average
After a stumble in the market that brought ONCT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.39% of loss for the given period.
Volatility was left at 5.84%, however, over the last 30 days, the volatility rate increased by 6.37%, as shares sank -13.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.29% lower at present.
During the last 5 trading sessions, ONCT rose by +9.76%, which changed the moving average for the period of 200-days by +160.12% in comparison to the 20-day moving average, which settled at $4.56. In addition, Oncternal Therapeutics Inc. saw -8.16% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ONCT starting from HALE DAVID F, who sale 3,669 shares at the price of $4.75 back on Jun 30. After this action, HALE DAVID F now owns 713,152 shares of Oncternal Therapeutics Inc., valued at $17,428 using the latest closing price.
Leavitt Chase C., the General Counsel/Secretary of Oncternal Therapeutics Inc., purchase 1,500 shares at $5.45 during a trade that took place back on Jun 11, which means that Leavitt Chase C. is holding 1,500 shares at $8,175 based on the most recent closing price.
Stock Fundamentals for ONCT
Current profitability levels for the company are sitting at:
- -519.76 for the present operating margin
The net margin for Oncternal Therapeutics Inc. stands at -510.37. The total capital return value is set at -27.52, while invested capital returns managed to touch -27.05. Equity return is now at value -29.90, with -26.80 for asset returns.
Based on Oncternal Therapeutics Inc. (ONCT), the company’s capital structure generated 0.04 points at debt to equity in total, while total debt to capital is 0.04.
When we switch over and look at the enterprise to sales, we see a ratio of -5.10, with the company’s debt to enterprise value settled at 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 20.14.