Onex Co. (OTCMKTS:ONEXF - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $70.54 and traded as high as $77.47. Onex shares last traded at $77.45, with a volume of 20,648 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Scotiabank reiterated an "outperform" rating on shares of Onex in a report on Thursday, April 24th.
Check Out Our Latest Report on Onex
Onex Price Performance
The company has a market cap of $5.65 billion, a PE ratio of 8.93 and a beta of 1.32. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $70.75 and a 200-day simple moving average of $74.28.
Onex (OTCMKTS:ONEXF - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported $2.36 earnings per share (EPS) for the quarter. The firm had revenue of $211.00 million for the quarter. Onex had a net margin of 68.14% and a return on equity of 7.94%.
Onex Cuts Dividend
The company also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Friday, April 11th were given a dividend of $0.0704 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 0.41%. Onex's dividend payout ratio is currently 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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