On Monday, On Holding AG (NYSE: ONON) opened higher 1.84% from the last session, before settling in for the closing price of $31.98. Price fluctuations for ONON have ranged from $23.41 to $37.08 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Cyclical Sector giant saw their annual sales surged by 65.20% over the last five years. Company’s average yearly earnings per share was noted 97.75% at the time writing. With a float of $195.47 million, this company’s outstanding shares have now reached $302.35 million.
On Holding AG (ONON) Insider Activity
A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of On Holding AG is 35.35%, while institutional ownership is 51.27%.
On Holding AG (ONON) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.07 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.12) by -$0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 97.75% per share during the next fiscal year.
On Holding AG (NYSE: ONON) Trading Performance Indicators
Check out the current performance indicators for On Holding AG (ONON). In the past quarter, the stock posted a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.93. Likewise, its price to free cash flow for the trailing twelve months is 47.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 1.02 in one year’s time.
Technical Analysis of On Holding AG (ONON)
Analysing the last 5-days average volume posted by the [On Holding AG, ONON], we can find that recorded value of 3.68 million was lower than the volume posted last year of 5.54 million. As of the previous 9 days, the stock’s Stochastic %D was 15.91%. Additionally, its Average True Range was 1.34.
During the past 100 days, On Holding AG’s (ONON) raw stochastic average was set at 70.17%, which indicates a significant increase from 28.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.90% in the past 14 days, which was lower than the 46.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.93, while its 200-day Moving Average is $29.95. Now, the first resistance to watch is $33.07. This is followed by the second major resistance level at $33.57. The third major resistance level sits at $34.12. If the price goes on to break the first support level at $32.01, it is likely to go to the next support level at $31.46. Should the price break the second support level, the third support level stands at $30.96.
On Holding AG (NYSE: ONON) Key Stats
There are currently 629,653K shares outstanding in the company with a market cap of 9.85 billion. Presently, the company’s annual sales total 1,996 M according to its annual income of 88,670 K. Last quarter, the company’s sales amounted to 504,690 K and its income totaled -30,250 K.
