On Holding AG (ONON) concluded trading on Wednesday at a closing price of $49.21, with 3.95 million shares of worth about $194.2 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 48.31% during that period and on October 02, 2024 the price saw a loss of about -0.28%. Currently the company’s common shares owned by public are about 284.22M shares, out of which, 209.41M shares are available for trading.
Stock saw a price change of -1.97% in past 5 days and over the past one month there was a price change of 6.82%. Year-to-date (YTD), ONON shares are showing a performance of 82.46% which increased to 88.40% 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 $52.16 during that period. The average intraday trading volume for On Holding AG shares is 5.02 million. The stock is currently trading 1.28% above its 20-day simple moving average (SMA20), while that difference is up 10.75% for SMA50 and it goes to 35.17% higher than SMA200.
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On Holding AG (NYSE: ONON) currently have 284.22M outstanding shares and institutions hold larger chunk of about 56.26% of that.
The stock has a current market capitalization of $15.75B and its 3Y-monthly beta is at 2.24. PE ratio of stock for trailing 12 months is 92.02, while it has posted earnings per share of $0.53 in the same period. Its PEG reads 1.86 and 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 2.55% while standing at 3.60% over the month.
Stock’s fiscal year EPS is expected to rise by 149.44% while it is estimated to increase by 7.67% 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 BofA Securities on September 23, 2024 offering a Neutral rating for the stock and assigned a target price range of between $21 and $55 to it. Coverage by HSBC Securities stated On Holding AG (ONON) stock as a Hold in their note to investors on September 05, 2024, suggesting a price target of $52 for the stock. On August 23, 2024, Piper Sandler Resumed their recommendations, while on July 31, 2024, Raymond James Initiated their ratings for the stock with a price target of $46. Stock get an Outperform rating from Bernstein on June 11, 2024.
