OncoSec Medical (ONCS) Shares Up 14.1%
OncoSec Medical Inc (NASDAQ:ONCS)’s share price shot up 14.1% during trading on Friday . The company traded as high as $2.17 and last traded at $2.11. 4,875,000 shares changed hands during mid-day trading, an increase of 361% from the average session volume of 1,058,083 shares. The stock had previously closed at $1.85.
A number of research firms have recently commented on ONCS. HC Wainwright set a $6.00 price target on OncoSec Medical and gave the stock a “buy” rating in a report on Friday. ValuEngine lowered OncoSec Medical from a “sell” rating to a “strong sell” rating in a research note on Monday, October 2nd. Finally, Maxim Group reissued a “buy” rating and set a $5.00 price objective on shares of OncoSec Medical in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. OncoSec Medical currently has an average rating of “Buy” and a consensus price target of $5.33.
The firm has a market cap of $72.46, a P/E ratio of -1.98 and a beta of 3.27.
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OncoSec Medical Company Profile
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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