How to Buy Onconetix Stock
Onconetix Inc
Onconetix, Inc. , a biotechnology and pharmaceutical company, focuses on developing and commercializing transformational therapies to address health challenges worldwide.
Onconetix stock last closed at $0.11, down 2.59% from the previous day, and has decreased 89.24% in one year. It has underperformed other stocks in the Biotechnology industry by 0.71 percentage points. Onconetix stock is currently +13% from its 52-week low of $0.10, and -92.85% from its 52-week high of $1.58.
As of May 2, 2024, there are 22.33M shares of ONCO outstanding. The market cap of ONCO is $2.52M. In the past 24 hours, 264,608 ONCO shares were traded.
How to Buy Onconetix Stock
Wondering how to invest in Onconetix stock? Here's how.
- Choose where to buy Onconetix stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Onconetix stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your method of payment and add your information.
- Research Onconetix stock: The Onconetix ticker symbol is ONCO. Is Onconetix stock a good investment? Should you buy shares of ONCO? How do ONCO's underlying business fundamentals look? Do top analysts think Onconetix is a good buy? Why has ONCO's stock price moved recently? (Hint: Our stock research website can help you decide if ONCO is a good stock to buy).
- Make your ONCO purchase: Decide if you will purchase ONCO shares at the current market price or use a limit order to purchase ONCO shares at a particular price.
- Keep an eye on your ONCO position: Create a watchlist to the latest updates on your position in Onconetix stock.
Step 1: Choose where to buy Onconetix stock
You need a brokerage account to access the NASDAQ market and buy ONCO stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you can invest in ONCO today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on mobile trading apps, you can securely and quickly fund your account:
Check out this video walkthrough if you need help depositing funds into your brokerage account.
Step 4: Research Onconetix stock
Once you have identified the best place to buy Onconetix stock, it's very important to evaluate their stock before you buy, so you truly understand the risk and upside.
Overview of key ONCO info
Onconetix Zen Score
WallStreetZen was designed to help average investors do better fundamental analysis.
You can view all of the due diligence checks on ONCO's stock page.
Is ONCO stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ONCO's fair value.
You can do additional valuation research on ONCO's stock here.
ONCO Financial Health Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the ONCO balance sheet.
Negative Health Checks:
- Total ONCO debt is still negative.
- ONCO has cash burn of 13636062. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the ONCO balance sheet.
- ONCO has $4.55M in cash and short term investments. This is not enough to cover its annual cash burn of $13.64M.
- ONCO debt to equity ratio of -3.91 is negative.
- ONCO profit margin has gone down from N/A to -63,986.5% in the past year.
ONCO Momentum
Are ONCO executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at ONCO have not bought or sold any shares.
Learn more about who owns ONCO stock here.
Does ONCO provide a stable income stream?
No, Onconetix doesn't provide an income stream by paying out dividends.
ONCO Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your ONCO purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your ONCO position
Now that you own some shares in ONCO, you'll want to keep up with your new company.
Make a watchlist to get notified of the latest news about your ONCO stock.
ONCO Feed
How to Buy Stock in Onconetix
To summarize, here are the 6 steps to buy stock in Onconetix:
- Choose where to buy Onconetix stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Onconetix stock
- Make your ONCO purchase
- Keep an eye on your ONCO position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Onconetix, click below.
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