ONEX Corporation (OTCMKTS:ONEXF - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $79.95 and traded as high as $81.72. ONEX shares last traded at $81.72, with a volume of 135 shares changing hands.
Analysts Set New Price Targets
Separately, Scotiabank reiterated an "outperform" rating on shares of ONEX in a report on Thursday, April 24th.
Get Our Latest Research Report on ONEX
ONEX Stock Performance
The firm has a market cap of $5.78 billion, a price-to-earnings ratio of 11.20 and a beta of 1.35. The stock has a 50-day moving average of $80.73 and a 200-day moving average of $74.83.
ONEX (OTCMKTS:ONEXF - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $3.30 EPS for the quarter. ONEX had a return on equity of 6.14% and a net margin of 61.92%. The company had revenue of $325.00 million during the quarter.
ONEX Increases Dividend
The business also recently announced a dividend, which was paid on Thursday, July 31st. Investors of record on Friday, July 11th were given a dividend of $0.0718 per share. The ex-dividend date of this dividend was Thursday, July 10th. This represents a yield of 35.0%. This is an increase from ONEX's previous dividend of $0.07. ONEX's dividend payout ratio is 4.67%.
ONEX Company Profile
(
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Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.
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