Onex Co. (TSE:ONEX - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$112.42 and traded as low as C$108.88. Onex shares last traded at C$110.18, with a volume of 98,092 shares trading hands.
Wall Street Analyst Weigh In
Separately, TD Securities upgraded Onex from a "hold" rating to a "buy" rating and increased their price target for the company from C$111.00 to C$140.00 in a report on Monday, December 30th.
Check Out Our Latest Stock Analysis on Onex
Onex Trading Up 0.7 %
The company has a debt-to-equity ratio of 49.85, a current ratio of 17.51 and a quick ratio of 2.41. The business's fifty day simple moving average is C$112.07 and its 200 day simple moving average is C$103.46. The stock has a market cap of C$5.55 billion, a price-to-earnings ratio of 8.79, a P/E/G ratio of 1.47 and a beta of 1.53.
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, upper-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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