Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. On Holding AG’s current trading price is -1.40% away from its 52-week high, while its distance from the 52-week low is 128.86%. The stock’s price range over this period has fluctuated between $25.78 and $59.84. The company, operating within the financial sector, had a trading volume of approximately 2.92 million for the day, which was noticeably lower than the average daily share volume of 3.85 million over the last 3 months.
The market performance of On Holding AG’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $59.84 on 12/03/24, while the lowest value for the same duration was $25.78 on 01/04/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
On Holding AG (ONON) has experienced a quarterly rise of 31.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.89B and boasts a workforce of 2353 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 47.46, with a change in price of +21.41. Similarly, On Holding AG recorded 4,452,628 in trading volume during the last 100 days, posting a change of +56.96%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ONON stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.22.
ONON Stock Stochastic Average
Today’s raw stochastic average for On Holding AG over the last 50 days is 93.81%.This indicates a increase from the raw stochastic average of the past 20 days, which was 93.41%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 95.34% and 94.47%, respectively.
ONON Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 118.76%. However, over the last six months, the performance has been weaker by 40.48%. The price of ONON increased 27.43% over the last 30 days. And in the last five days, it has surged by 1.76%.
