On Holding AG (ONON) concluded trading on Wednesday at a closing price of $63.04, with 3.54 million shares of worth about $223.45 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 58.27% during that period and on January 29, 2025 the price saw a gain of about 1.42%. Currently the company’s common shares owned by public are about 288.76M shares, out of which, 213.21M shares are available for trading.
Stock saw a price change of 7.65% in past 5 days and over the past one month there was a price change of 11.79%. Year-to-date (YTD), ONON shares are showing a performance of 15.10% which increased to 140.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.10 but also hit the highest price of $62.55 during that period. The average intraday trading volume for On Holding AG shares is 3.28 million. The stock is currently trading 9.91% above its 20-day simple moving average (SMA20), while that difference is up 10.90% for SMA50 and it goes to 37.38% higher than SMA200.
On Holding AG (NYSE: ONON) currently have 288.76M outstanding shares and institutions hold larger chunk of about 55.05% of that.
The stock has a current market capitalization of $20.18B and its 3Y-monthly beta is at 2.32. PE ratio of stock for trailing 12 months is 144.32, while it has posted earnings per share of $0.44 in the same period. It has Quick Ratio of 2.25 while making debt-to-equity ratio of 0.29. 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 4.25% while standing at 3.67% over the month.
Stock’s fiscal year EPS is expected to rise by 132.87% while it is estimated to increase by 14.68% 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 January 07, 2025 offering a Buy rating for the stock and assigned a target price of $73 to it. Coverage by Citigroup stated On Holding AG (ONON) stock as a Neutral in their note to investors on December 18, 2024, suggesting a price target of $65 for the stock. On November 22, 2024, Needham Initiated their recommendations, while on November 21, 2024, Raymond James Upgrade their ratings for the stock with a price target of $63. Stock get a Buy rating from BTIG Research on November 13, 2024.