On Holding AG (ONON) concluded trading on Wednesday at a closing price of $49.89, with 4.62 million shares of worth about $230.71 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.94% during that period and on Wednesday the price saw a gain of about 3.08%. 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 -4.19% in past 5 days and over the past one month there was a price change of -16.71%. Year-to-date (YTD), ONON shares are showing a performance of -8.91% which increased to 54.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.37 but also hit the highest price of $64.05 during that period. The average intraday trading volume for On Holding AG shares is 3.37 million. The stock is currently trading -9.19% below its 20-day simple moving average (SMA20), while that difference is down -11.05% for SMA50 and it goes to 4.01% higher than SMA200.
On Holding AG (NYSE: ONON) currently have 288.76M outstanding shares and institutions hold larger chunk of about 52.76% of that.
The stock has a current market capitalization of $16.13B and its 3Y-monthly beta is at 2.35. PE ratio of stock for trailing 12 months is 114.22, while it has posted earnings per share of $0.44 in the same period. Its PEG reads 2.19 and 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 5.19% while standing at 4.69% over the month.
Stock’s fiscal year EPS is expected to rise by 131.57% while it is estimated to increase by 13.69% 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 Goldman on February 12, 2025 offering a Neutral rating for the stock and assigned a target price of $57 to it. Coverage by BofA Securities stated On Holding AG (ONON) stock as a Buy in their note to investors on January 07, 2025, suggesting a price target of $73 for the stock. On December 18, 2024, Citigroup Initiated their recommendations, while on November 22, 2024, Needham Initiated their ratings for the stock with a price target of $64. Stock get a Strong buy rating from Raymond James on November 21, 2024.
