Onex (OTCMKTS:ONEXF - Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. Onex had a return on equity of 7.94% and a net margin of 68.14%. The business had revenue of $108.00 million for the quarter.
Onex Stock Down 5.8 %
Onex stock traded down $4.53 during midday trading on Tuesday, hitting $73.07. 15,414 shares of the company were exchanged, compared to its average volume of 13,112. 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 has a fifty-two week low of $61.24 and a fifty-two week high of $85.07. The company's fifty day moving average price is $78.14 and its 200-day moving average price is $74.72. The company has a market cap of $5.41 billion, a PE ratio of 8.29 and a beta of 1.55.
Onex Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were issued a dividend of $0.0721 per share. The ex-dividend date was Friday, January 10th. This represents a dividend yield of 0.37%. Onex's payout ratio is currently 6.78%.
Analyst Ratings Changes
Separately, TD Securities raised shares of Onex from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 12th.
View Our Latest Report on ONEXF
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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