On Holding AG (ONON) concluded trading on Wednesday at a closing price of $26.56, with 7.02 million shares of worth about $186.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.18% during that period and on Wednesday, January 31 the price saw a loss of about -3.42%. Currently the company’s common shares owned by public are about 281.98M shares, out of which, 185.84M shares are available for trading.
However, the stock later moved at a day high price of 27.67, or with a loss of -3.42%. Stock saw a price change of 1.96% in past 5 days and over the past one month there was a price change of -1.52%. Year-to-date (YTD), ONON shares are showing a performance of -1.52% which increased to 16.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.90 but also hit the highest price of $37.08 during that period. The average intraday trading volume for On Holding AG shares is 5.10 million. The stock is currently trading -3.08% below its 20-day simple moving average (SMA20), while that difference is down -5.94% for SMA50 and it goes to -9.99% lower than SMA200.
On Holding AG (NYSE: ONON) currently have 281.98M outstanding shares and institutions hold larger chunk of about 40.98% of that.
The stock has a current market capitalization of $8.45B and its 3Y-monthly beta is at 2.06. PE ratio of stock for trailing 12 months is 95.27, while it has posted earnings per share of $0.28 in the same period. It has Quick Ratio of 2.21 while making debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ONON, volatility over the week remained 3.65% while standing at 4.10% over the month.
Analysts are in expectations that On Holding AG (ONON) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0.82 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 68.93% while it is estimated to increase by 43.33% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on November 17, 2023 offering a Hold rating for the stock and assigned a target price of $29 to it.
