ONEX Corporation (OTCMKTS:ONEXF - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $73.73 and traded as high as $80.83. ONEX shares last traded at $80.75, with a volume of 20,913 shares.
Analysts Set New Price Targets
Separately, Scotiabank reaffirmed an "outperform" rating on shares of ONEX in a report on Thursday, April 24th.
Read Our Latest Analysis on ONEXF
ONEX Stock Performance
The stock's fifty day moving average is $73.73 and its two-hundred day moving average is $74.12. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 13.00 and a beta of 1.32.
ONEX (OTCMKTS:ONEXF - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The company reported $2.36 earnings per share for the quarter. ONEX had a net margin of 60.42% and a return on equity of 5.40%. The business had revenue of $211.00 million for the quarter.
ONEX Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 11th were issued a $0.0704 dividend. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 0.41%. ONEX's dividend payout ratio (DPR) is presently 4.51%.
About ONEX
(
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.
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