rts logo

Is On Holding AG (ONON) a good stock to buy now?

On Holding AG (NYSE: ONON) is 57.03% higher on its value in year-to-date trading and has touched a low of $23.41 and a high of $43.54 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ONON stock was last observed hovering at around $42.20 in the last trading session, with the day’s gains setting it 0.15%.

Currently trading at $42.35, the stock is 10.34% and 20.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.3 million and changing 0.36% at the moment leaves the stock 39.44% off its SMA200. ONON registered 51.03% gain for a year compared to 6-month gain of 53.50%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 28.41% loss in the last 1 month and extending the period to 3 months gives it a 27.98%, and is -0.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.18% over the week and 4.34% over the month.

On Holding AG (ONON) has around 2353 employees, a market worth around $12.88B and $2.12B in sales. Current P/E ratio is 95.79 and Fwd P/E is 39.01. Profit margin for the company is 6.81%. Distance from 52-week low is 80.91% and -2.73% from its 52-week high. The company has generated returns on investments over the last 12 months (8.94%).

The EPS is expected to grow by 164.09% this year.

On Holding AG (ONON) Top Institutional Holders

The shares outstanding are 284.22M, and float is at 197.29M with Short Float at 18.34%.

Related Posts