ONEX Corporation (OTCMKTS:ONEXF - Get Free Report)'s share price 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.
Analyst Upgrades and Downgrades
Separately, Scotiabank restated an "outperform" rating on shares of ONEX in a report on Thursday, April 24th.
View Our Latest Stock Report on ONEX
ONEX Stock Up 1.0%
The business's fifty day moving average is $80.10 and its 200-day moving average is $74.68. The stock has a market capitalization of $5.76 billion, a PE ratio of 13.16 and a beta of 1.35.
ONEX (OTCMKTS:ONEXF - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The company reported $2.36 earnings per share (EPS) for the quarter. ONEX had a net margin of 60.42% and a return on equity of 5.40%. The company had revenue of $211.00 million during the quarter.
ONEX Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, July 31st. Stockholders of record on Friday, July 11th were paid a $0.0718 dividend. This represents a dividend yield of 35.0%. This is a boost from ONEX's previous dividend of $0.07. The ex-dividend date was Thursday, July 10th. ONEX's payout ratio is currently 4.67%.
ONEX Company Profile
(
Get Free Report)
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.
Further Reading
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