Oncolytics Biotech (ONCYF) Downgraded by ValuEngine to Strong Sell

Oncolytics Biotech (OTCMKTS:ONCYF) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Friday.

Separately, Zacks Investment Research downgraded shares of Oncolytics Biotech from a “hold” rating to a “sell” rating in a research note on Friday, August 11th.

Shares of Oncolytics Biotech (OTCMKTS ONCYF) traded down $0.01 during midday trading on Friday, hitting $0.53. 46,491 shares of the company’s stock were exchanged, compared to its average volume of 192,394. Oncolytics Biotech has a fifty-two week low of $0.14 and a fifty-two week high of $0.85.

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About Oncolytics Biotech

Oncolytics Biotech Inc is a development-stage company. The Company is focused on the development of REOLYSIN, its cancer therapeutic. The Company’s clinical program is made up of a registration program that includes muscle-invasive bladder cancer and glioma cancer, over six randomized Phase II clinical trials and approximately six other investigative clinical trials.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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