OncoSec Medical Incorporated (NASDAQ:ONCS) fell 0.4% during trading on Wednesday . The company traded as low as $2.20 and last traded at $2.36. 5,349,000 shares traded hands during mid-day trading, an increase of 536% from the average session volume of 840,485 shares. The stock had previously closed at $2.35.
A number of research firms have recently commented on ONCS. HC Wainwright reaffirmed a “buy” rating and issued a $6.00 price objective on shares of OncoSec Medical in a research note on Thursday, November 9th. ValuEngine raised shares of OncoSec Medical from a “strong sell” rating to a “sell” rating in a research note on Thursday, November 9th. Finally, Maxim Group reaffirmed a “buy” rating and issued 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 five have assigned a buy rating to the stock. OncoSec Medical has an average rating of “Buy” and a consensus target price of $5.33.
OncoSec Medical (NASDAQ:ONCS) last issued its earnings results on Wednesday, October 25th. The biotechnology company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.05). equities analysts forecast that OncoSec Medical Incorporated will post -0.86 EPS for the current year.
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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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