Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 19.21%.However, over the last six months, we can see a weaker performance of 23.70%. Over the last 30 days, the price of ONON has leaped by -2.66%. And in the last five days, it has fallen by -7.46%.
On Holding AG experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $37.08 on 08/10/23, while the lowest price for the same period was registered at $23.41 on 10/13/23.
52-week price history of ONON Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. On Holding AG’s current trading price is -13.30% away from its 52-week high, while its distance from the 52-week low is 37.33%. The stock’s price range during this period has varied between$23.41 and $37.08. The On Holding AG’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 4.04 million for the day, a figure considerably lower than their average daily volume of 5.61 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
On Holding AG (ONON) has experienced a quarterly rise of 23.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.72B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.97, with a change in price of +3.93. Similarly, On Holding AG recorded 5,437,042 in trading volume during the last 100 days, posting a change of +13.93%.
ONON’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ONON stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.18.
ONON Stock Stochastic Average
On Holding AG’s raw stochastic average for the past 50 days is presently 60.48%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 54.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 66.48% and 77.03%, respectively.
