With 0.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. The 52-week range on ONC shows that it touched its highest point at $287.88 and its lowest point at $126.97 during that stretch. It currently has a 1-year price target of $333.10. Beta for the stock currently stands at 0.51.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ONC was up-trending over the past week, with a rise of 1.24%, but this was up by 17.39% over a month. Three-month performance surged to 21.96% while six-month performance rose 36.72%. The stock gained 58.90% in the past year, while it has gained 41.96% so far this year. A look at the trailing 12-month EPS for ONC yields -6.13 with Next year EPS estimates of 5.44. For the next quarter, that number is -0.46. This implies an EPS growth rate of 117.82% for this year and 399.69% for next year.
Float and Shares Shorts:
At present, 97.63 million ONC shares are outstanding with a float of 97.26 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$5.2 being high and -$6.62 being low. For ONC, this leads to a yearly average estimate of -$5.83. Based on analyst estimates, the high estimate for the next quarter is $0.72 and the low estimate is -$0.09. The average estimate for the next quarter is thus $0.15.
Summary of Insider Activity:
Insiders traded ONC stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
