Onex Co. (TSE:ONEX - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$112.78 and traded as low as C$110.02. Onex shares last traded at C$110.49, with a volume of 76,615 shares.
Analysts Set New Price Targets
Separately, TD Securities raised Onex from a "hold" rating to a "buy" rating and raised their price objective for the company from C$111.00 to C$140.00 in a report on Monday, December 30th.
Read Our Latest Stock Report on Onex
Onex Stock Up 0.4 %
The stock's 50-day simple moving average is C$112.78 and its 200 day simple moving average is C$100.90. The company has a quick ratio of 2.41, a current ratio of 3.62 and a debt-to-equity ratio of 0.54. The firm has a market cap of C$8.45 billion, a P/E ratio of 7.91, a PEG ratio of 1.47 and a beta of 1.53.
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, 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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