Why Onconetix (ONCO) Shares Are Down 27%
Why Onconetix (ONCO) Shares Are Down 27%
Onconetix Inc (NASDAQ:ONCO) shares are trading lower by 29.9% to 8 cents Friday after the company announced a 1-for-40 reverse stock split. The company announced that its stockholders approved all proposals at the 2024 annual meeting held on September 5.
Onconetix Inc（納斯達克股票代碼：ONCO）的股票在週五下跌了29.9%，至8美分，此前該公司宣佈進行1比40的股票逆向拆分。該公司宣佈其股東在9月5日舉行的2024年年會上通過了所有提案。
What Happened: These approvals included the election of Timothy Ramdeen and Ajit Singh as directors for a three-year term, amendments to the company's 2022 Equity Incentive Plan to increase the number of shares issuable, and authorization for a reverse stock split at a ratio ranging from 1-for-30 to 1-for-60.
發生了什麼：這些批准包括將Timothy Ramdeen和Ajit Singh選爲爲期三年的董事，修改公司2022年股權激勵計劃以增加可發行股份的數量，並授權進行1比30至1比60的股票逆向拆分。
The board chose a 1-for-40 ratio, effective September 24, to help the company meet Nasdaq's minimum bid price requirement.
董事會選擇了1比40的比例，在9月24日生效，以滿足納斯達克的最低買盤價格要求。
What Else: Other approved measures included the issuance of shares related to the conversion of Series A and Series B Preferred Stock, a private placement, and the assumption of stock options from Proteomedix AG. Stockholders also ratified EisnerAmper LLP as the company's independent auditor for 2024.
其他已批准的措施包括髮行與A和B系列優先股轉換相關的股票，定向增發以及對Proteomedix AG股票期權的接管。股東還批准EisnerAmper LLP爲公司2024年的獨立核數師。
The reverse stock split will reduce Onconetix's outstanding shares from around 30.2 million to approximately 755,000.
股票逆向拆分將將Onconetix的流通股份從約3020萬股降至大約755,000股。
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Is ONCO A Good Stock To Buy?
ONCO是一隻值得購買的好股票嗎？
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages – like Onconetix's page for example – there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
投資者在決定一支股票是否值得購買時可以做出幾個決策。除了您可以在Benzinga的報價頁面上找到的估值指標和價格走勢之外 - 例如Onconetix的頁面 - 還有一些因素，例如公司是否支付股息或每個季度購買其大部分股票。
These are known as capital allocation programs. Onconetix does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's dividend calendar for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
這些被稱爲資本配置計劃。Onconetix不支付股息，但顯然有幾種方式可以回報股東。隨時可以在Benzinga的股息日曆上搜索下一個即將支付股息的公司，並判斷持有一股公司股票可以獲得何種收益。
For example, if you're looking to earn an annualized return of 8.33%, you'll need to buy a share of AMEN Properties by the Sep. 30, 2024. Once done, you can expect to receive a nominal payout of $10.0 on Oct. 7, 2024.
例如，如果你想要獲得8.33%的年化回報，你需要在2024年9月30日前購買一股AMEN Properties。一旦完成購買，你可以預期在2024年10月7日獲得10.0美元的名義支付。
Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on Onconetix will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.
回購計劃顯然是不同且高度變化的。一家公司可以批准一項回購計劃，並按照所批准的回購時間段自行購買股票。通過查看Onconetix的最新新聞，通常可以了解該公司是否最近批准了回購計劃。回購計劃通常用作股價支撐，是需求的一道防線。
According to data from Benzinga Pro, ONCO has a 52-week high of $0.54 and a 52-week low of $0.08.
根據Benzinga Pro的數據，ONCO的52周最高價爲0.54美元，52周最低價爲0.08美元。
譯文內容由第三人軟體翻譯。
