Shares of Onex Co. (OTCMKTS:ONEXF - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $71.67 and traded as high as $79.43. Onex shares last traded at $79.43, with a volume of 3,134 shares trading hands.
Wall Street Analyst Weigh In
Separately, TD Securities raised Onex from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, November 12th.
Read Our Latest Analysis on ONEXF
Onex Trading Down 0.5 %
The firm has a market capitalization of $5.88 billion, a P/E ratio of 9.02 and a beta of 1.56. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 0.01. The company's fifty day moving average is $77.14 and its 200-day moving average is $71.73.
Onex (OTCMKTS:ONEXF - Get Free Report) last released its quarterly earnings results on Friday, November 8th. The company reported $1.68 earnings per share (EPS) for the quarter. The company had revenue of $199.00 million during the quarter. Onex had a net margin of 68.14% and a return on equity of 7.94%.
Onex Increases Dividend
The business also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Friday, October 11th were paid a $0.0736 dividend. This is an increase from Onex's previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, October 10th. This represents a dividend yield of 0.42%. Onex's dividend payout ratio (DPR) is presently 3.29%.
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.
Further Reading
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