Onex (OTCMKTS:ONEXF) Share Price Passes Above 50-Day Moving Average of $70.47

Shares of Onex Co. (OTCMKTS:ONEXFGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $70.47 and traded as high as $76.64. Onex shares last traded at $76.64, with a volume of 866 shares.

Onex Price Performance

The stock’s fifty day simple moving average is $70.47 and its 200-day simple moving average is $63.87. The stock has a market cap of $5.98 billion, a P/E ratio of 7.94 and a beta of 1.56.

Onex (OTCMKTS:ONEXFGet Free Report) last announced its quarterly earnings results on Friday, November 10th. The company reported $3.23 EPS for the quarter. Onex had a net margin of 47.28% and a return on equity of 9.60%. The company had revenue of $350.00 million for the quarter.

Onex Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 10th were paid a dividend of $0.0727 per share. The ex-dividend date of this dividend was Tuesday, January 9th. This represents a dividend yield of 0.46%. Onex’s dividend payout ratio is presently 4.10%.

About Onex

(Get Free Report)

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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