Onex Co. (OTCMKTS:ONEXF - Get Free Report) shares 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 trading hands.
Analyst Upgrades and Downgrades
Separately, Scotiabank reiterated an "outperform" rating on shares of Onex in a research report on Thursday, April 24th.
View Our Latest Stock Report on ONEXF
Onex Stock Up 1.8%
The company's fifty day moving average price is $70.54 and its 200-day moving average price is $74.36. The stock has a market cap of $5.56 billion, a P/E ratio of 8.79 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.86 and a current ratio of 2.86.
Onex (OTCMKTS:ONEXF - Get Free Report) last released its earnings results on Friday, May 9th. The company reported $2.36 earnings per share (EPS) for the quarter. The firm had revenue of $211.00 million during the quarter. Onex had a net margin of 68.14% and a return on equity of 7.94%.
Onex Cuts Dividend
The business also recently declared a dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 11th were paid a $0.0704 dividend. This represents a yield of 0.41%. The ex-dividend date was Thursday, April 10th. Onex's dividend payout ratio is presently 4.67%.
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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