Oncolytics Biotech (ONCY) Releases Quarterly Earnings, Beats Expectations By $0.02 EPS
Oncolytics Biotech (NASDAQ:ONCY) announced its earnings results on Thursday. The company reported ($0.05) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.02, Analyst Ratings Network reports.
Shares of Oncolytics Biotech (NASDAQ:ONCY) traded up 0.75% during mid-day trading on Thursday, hitting $1.3299. 15,007 shares of the company’s stock traded hands. Oncolytics Biotech has a 52 week low of $1.20 and a 52 week high of $3.50. The stock has a 50-day moving average of $1.40 and a 200-day moving average of $1.52. The company’s market cap is $115.1 million.
ONCY has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Oncolytics Biotech from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $1.60 price target on the stock.
Oncolytics Biotech Inc (NASDAQ:ONCY) is a development-stage company.
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