Oncolytics Biotech (TSE:ONC) Sets New 52-Week Low – Should You Sell?

Oncolytics Biotech Inc. (TSE:ONCGet Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as C$0.86 and last traded at C$0.86, with a volume of 47955 shares changing hands. The stock had previously closed at C$0.89.

Oncolytics Biotech Stock Performance

The stock’s fifty day moving average price is C$1.08 and its 200-day moving average price is C$1.29. The company has a debt-to-equity ratio of 11.75, a quick ratio of 8.86 and a current ratio of 2.99. The company has a market capitalization of C$66.28 million, a P/E ratio of -2.40 and a beta of 1.35.

About Oncolytics Biotech

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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.

Further Reading

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