ON Stock: Exploring ON Semiconductor Corp.’s Growth

The stock price for ON Semiconductor Corp. (ON) currently stands at $69.03. The stock experienced a substantial increase in the last session, hitting $70.75 after starting at $69.96. The stock’s lowest price was $69.72 before closing at $70.68.

ON Semiconductor Corp. experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $111.35 on 07/31/23, while the lowest price for the same period was registered at $59.61 on 01/05/23.

52-week price history of ON Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. ON Semiconductor Corp.’s current trading price is -38.01% away from its 52-week high, while its distance from the 52-week low is 15.80%. The stock’s price range during this period has spanned from $59.61 to $111.35. In the Technology sector, the ON Semiconductor Corp.’s shares surpassed a trading volume of approximately 1.48 million for the day, which was noticeably lower compared to the average daily volume of 9.6.6 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

ON Semiconductor Corp. (ON) has experienced a quarterly decline of -25.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 29.73B and boasts a workforce of 31109 employees.

A Closer Look at Analysts’ Ratings for ON Semiconductor Corp.

As of right now, 17 analysts are rating ON Semiconductor Corp. as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 90.40, with a change in price of -25.61. Similarly, ON Semiconductor Corp. recorded 6,319,150 in trading volume during the last 100 days, posting a change of -27.08%.

Examining ON’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ON stands at 0.50. Similarly, the long-term debt-to-equity ratio is also 0.37.

ON Stock Stochastic Average

Today, ON Semiconductor Corp.’s raw stochastic average for the past 50 days stands at 20.21%, indicating a decline from the raw stochastic average of the last 20 days, which was 32.47%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 35.19% and 34.28% respectively.

ON Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 10.68%. However, over the past six months, we’ve seen a stronger performance of -16.37%. The price of ON leaped by -17.44% over the last 30 days. And in the last five days, it has fallen by -1.33%.

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