On Holding AG (ONON) stock is currently valued at $46.81. During the last session, the stock experienced a remarkable rise, reaching $78.19 after opening at $46.81. The stock briefly dropped to $52.27 before ultimately closing at $47.15.
In terms of market performance, On Holding AG had a fairly uneven.
52-week price history of ONON Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. On Holding AG’s current trading price is -26.92% away from its 52-week high, while its distance from the 52-week low is 35.33%. The stock’s price range during the 52-week period has remained between $34.59 and $64.05. In the Consumer Cyclical sector, the company’s shares saw a trading volume of around 6.25 million for the day, which was evidently higher than the average daily volume of 5.32 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
On Holding AG (ONON) has experienced a quarterly decline of -2.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.16B and boasts a workforce of 3254 employees.
A Closer Look at Analysts’ Ratings for On Holding AG
As of right now, 20 analysts are rating On Holding AG as a BUY, 6 of the polled analysts branded the stock as an OVERWEIGHT, 3 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 50.56, with a change in price of +0.44. Similarly, On Holding AG recorded 5,460,273 in trading volume during the last 100 days, posting a change of +0.95%.
Examining ONON’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 ONON stands at 0.27. Similarly, the long-term debt-to-equity ratio is also 0.19.
ONON Stock Stochastic Average
On Holding AG’s raw stochastic average for the past 50 days is presently 3.08%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 5.50%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.12% and 7.84%, respectively.
ONON Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 21.05%. However, over the last six months, the performance has been stronger by -19.76%. The price of ONON decreased -11.01% over the last 30 days. And in the last five days, it has fallen by -7.64%.
