American Oncology Network (NASDAQ:AONC) Shares Up 106.9% – Still a Buy?

American Oncology Network, Inc. (NASDAQ:AONCGet Free Report)’s stock price traded up 106.9% during trading on Thursday . The stock traded as high as $12.00 and last traded at $12.00. 100 shares changed hands during trading, a decline of 96% from the average session volume of 2,774 shares. The stock had previously closed at $5.80.

American Oncology Network Stock Up 106.9%

The firm has a 50 day moving average of $10.53 and a two-hundred day moving average of $10.63.

American Oncology Network Company Profile

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American Oncology Network, Inc is a physician-led network of independent community oncology and hematology practices in the United States. The company partners with locally owned cancer care practices to deliver infusion therapy, diagnostic imaging, pathology services, genetic counseling and supportive care, while maintaining the autonomy and identity of each affiliated practice. Its platform also encompasses clinical trial coordination and digital tools to streamline prior authorizations and patient navigation.

Founded in 2019, American Oncology Network was established to address the operational and administrative challenges faced by community-based oncology providers.

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