OneConstruction (ONEG) Plummets 30.73% on Weak 2024 Earnings, Bearish Analyst Outlook

Generated by AI AgentBefore the BellReviewed byAInvest News Editorial Team
Wednesday, Nov 19, 2025 8:09 am ET1min read
Aime RobotAime Summary

- ONEG plummeted 30.73% pre-market on Nov 19, 2025, nearing its 52-week low of $1.48 amid deteriorating fundamentals and bearish analyst sentiment.

- 2024 revenue fell 16.16% to $53.21M, net income dropped 49.24% to $898K, with Weiss Ratings assigning a 'D-' rating.

- Technical indicators show oversold RSI (16.72), bearish MACD (-1.35), and a 200-day MA ($6.19) far above current price.

- Backtest suggests -17% intraday rebounds could yield profits with strict 25% take-profit and 20% stop-loss parameters.

On November 19, 2025,

(ONEG) plummeted 30.73% in pre-market trading, marking its most significant decline in recent history. The selloff accelerated as the stock approached its 52-week low of $1.48, driven by deteriorating fundamentals and sustained bearish sentiment from analysts.

Weak financial performance in 2024 exacerbated the downturn, with revenue collapsing 16.16% to $53.21 million and net income shrinking 49.24% to $898,000. Analysts remain uniformly negative, including Weiss Ratings’ ‘D-’ rating, reinforcing a lack of confidence in the company’s recovery trajectory. Technical indicators further underscore the bearish outlook: an oversold RSI of 16.72, a bearish MACD (-1.35), and a 200-day moving average ($6.19) far above the current price.

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Backtest assumptions suggest that a -17% intraday rebound strategy on ONEG (Jan 2022–Nov 2025) could yield profits under strict risk controls. Parameters include a 25% take-profit target, 20% stop-loss, and a 20-trading-day holding period. While volatility and drawdowns remain elevated, disciplined position sizing and tighter risk management could enhance the reward-to-risk profile. This aligns with the stock’s current technical setup, where key support levels at $1.55 and $1.48 will likely dictate short-term direction.

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