OncoSec Medical (ONCS) Stock Price Down 5.7%
OncoSec Medical Inc (NASDAQ:ONCS) shares traded down 5.7% on Tuesday . The stock traded as low as $1.75 and last traded at $1.83. 1,263,990 shares changed hands during trading, an increase of 75% from the average session volume of 722,009 shares. The stock had previously closed at $1.94.
Several research analysts have recently weighed in on the stock. HC Wainwright set a $6.00 price target on shares of OncoSec Medical and gave the company a “buy” rating in a research report on Friday, December 15th. Maxim Group set a $5.00 price target on shares of OncoSec Medical and gave the company a “buy” rating in a research report on Thursday, December 14th. Finally, ValuEngine cut shares of OncoSec Medical from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. OncoSec Medical presently has a consensus rating of “Buy” and a consensus target price of $5.33.
The firm has a market cap of $65.00, a price-to-earnings ratio of -1.78 and a beta of 3.27.
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About OncoSec Medical
OncoSec Medical Incorporated is a biotechnology company. The Company is focused on designing, developing and commercializing gene therapies, therapeutics and medical approaches to stimulate an anti-tumor immune response for the treatment of cancer. The Company’s lead product candidate, ImmunoPulse IL-12, consists of a plasmid construct encoding the proinflammatory cytokine, IL-12, which is delivered into the tumor through in vivo electroporation.
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