On Holding AG (ONON) concluded trading on Wednesday at a closing price of $45.70, with 5.92 million shares of worth about $270.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.36% during that period and on September 04, 2024 the price saw a loss of about -0.80%. Currently the company’s common shares owned by public are about 284.22M shares, out of which, 209.19M shares are available for trading.
Stock saw a price change of -4.63% in past 5 days and over the past one month there was a price change of 22.72%. Year-to-date (YTD), ONON shares are showing a performance of 69.45% which increased to 56.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.41 but also hit the highest price of $48.08 during that period. The average intraday trading volume for On Holding AG shares is 5.16 million. The stock is currently trading 6.74% above its 20-day simple moving average (SMA20), while that difference is up 13.26% for SMA50 and it goes to 32.84% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On Holding AG (NYSE: ONON) currently have 284.22M outstanding shares and institutions hold larger chunk of about 61.26% of that.
The stock has a current market capitalization of $14.63B and its 3Y-monthly beta is at 2.23. PE ratio of stock for trailing 12 months is 85.45, while it has posted earnings per share of $0.53 in the same period. It has Quick Ratio of 2.18 while making debt-to-equity ratio of 0.30. 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 5.06% while standing at 4.75% over the month.
Analysts are in expectations that On Holding AG (ONON) stock would likely to be making an EPS of 0.25 in the current quarter, while forecast for next quarter EPS is 0.21 and it is 1.12 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.2 which is 0.33 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 145.41% while it is estimated to increase by 8.07% 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 Piper Sandler on August 23, 2024 offering an Overweight rating for the stock and assigned a target price of $52 to it. Coverage by Raymond James stated On Holding AG (ONON) stock as an Outperform in their note to investors on July 31, 2024, suggesting a price target of $46 for the stock. On June 11, 2024, Bernstein Initiated their recommendations, while on June 07, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $47. Stock get a Buy rating from Truist on May 28, 2024.
