OncoGenex Stock Gaps Down On Today's Open (OGXI)

NEW YORK ( TheStreet) -- Shares of OncoGenex Pharmaceuticals (Nasdaq: OGXI) were gapping down Friday morning with an open price 19.7% lower than Thursday's closing price. The stock closed at $17.43 Thursday and opened today's trading at $13.99.

The average volume for OncoGenex has been 40,700 shares per day over the past 30 days. OncoGenex has a market cap of $133.8 million and is part of the health care sector and drugs industry. Shares are up 48.5% year to date as of the close of trading on Thursday.

OncoGenex Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of new cancer therapies that address treatment resistance in cancer patients.

TheStreet Ratings rates OncoGenex as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow. You can view the full OncoGenex Ratings Report.

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