On Holding AG (NYSE:ONON) saw an upside of 2.06% to close Monday at $30.69 after adding $0.62 on the day. The 5-day average trading volume is 932,820 shares of the company’s common stock. It has gained $31.62 in the past week.
The company’s shares have touched a 52-week low of $28.10 and high of $40.80. YTD, ONON has lost -12.31%. However, the current price is down -24.78%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 881.76 and a low of 658.55. ONON stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 15.37.
On Holding AG’s quick ratio for the recent quarter was 1.20, with the current ratio over the same period at 2.00 meaning that ONON stock is able to fulfill its debt obligations. In terms of profitability, the gross margin trailing 12 months is 56.60%. The trailing 12-month EBITDA margin is -1.18%.
ONON stock balance sheet for the recent quarter shows that, with total debt at $167.79 million
Let’s look briefly at On Holding AG (ONON) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 44.78% to suggest the stock is trending Neutral, with historical volatility in this time period at 45.55%.
The stock’s 5-day moving average is $30.13, reflecting a +5.50% or $1.60 change from its current price.
Stochastic %K and %D was 17.95% and 15.81% and the average true range (ATR) pointed at 2.26. The RSI (14) points at 42.38%, while the 14-day stochastic is at 22.14% with the period’s ATR at 2.48. The stock’s 9-day MACD Oscillator is pointing at 0.06 and -1.64 on the 14-day charts.
In the most recent analyst report for On Holding AG (NYSE: ONON), UBS launched coverage with a Buy rating. Analysts offering their rating for ONON stock have a consensus rating for the stock as Sell. Currently, 1 brokerage advisors rate ONON as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is ONON’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $25.00 and a high of $25.00, with their median price target at $25.00. Looking at these predictions, the average price target given by analysts is for On Holding AG (ONON) stock is $25.00.