Onex Co. (OTCMKTS:ONEXF - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $68.98 and traded as high as $75.25. Onex shares last traded at $72.47, with a volume of 8,998 shares traded.
Wall Street Analysts Forecast Growth
Separately, Scotiabank reissued an "outperform" rating on shares of Onex in a report on Thursday, April 24th.
View Our Latest Stock Analysis on ONEXF
Onex Stock Performance
The stock has a fifty day moving average price of $69.30 and a two-hundred day moving average price of $74.68. The company has a market cap of $5.31 billion, a P/E ratio of 8.38 and a beta of 1.31. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.86 and a quick ratio of 2.86.
Onex (OTCMKTS:ONEXF - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $2.36 EPS for the quarter. Onex had a return on equity of 7.94% and a net margin of 68.14%. The firm had revenue of $211.00 million for the quarter.
Onex Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 11th were issued a dividend of $0.0704 per share. The ex-dividend date was Thursday, April 10th. This represents a yield of 0.41%. Onex's payout ratio is 4.35%.
About Onex
(
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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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