A new trading day began on Friday, with On Holding AG (NYSE: ONON) stock price up 0.13% from the previous day of trading, before settling in for the closing price of $46.92. ONON’s price has ranged from $23.41 to $48.08 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
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 65.20%. Meanwhile, its annual earnings per share averaged 143.23%. With a float of $209.19 million, this company’s outstanding shares have now reached $284.22 million.
Let’s determine the extent of company efficiency that accounts for 2353 employees. In terms of profitability, gross margin is 59.96%, operating margin of 9.2%, and the pretax margin is 9.46%.
On Holding AG (ONON) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Footwear & Accessories Industry. The insider ownership of On Holding AG is 34.65%, while institutional ownership is 61.27%. The most recent insider transaction that took place on Aug 26 ’24, was worth 3,195,312. Before that another transaction happened on Aug 26 ’24, when Company’s Other:Co-Founder proposed sale 195,000 for $44.57, making the entire transaction worth $8,691,150.
On Holding AG (ONON) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 143.23% per share during the next fiscal year.
On Holding AG (NYSE: ONON) Trading Performance Indicators
Here are On Holding AG’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.66. Likewise, its price to free cash flow for the trailing twelve months is 38.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of On Holding AG (ONON)
Looking closely at On Holding AG (NYSE: ONON), its last 5-days average volume was 7.23 million, which is a jump from its year-to-date volume of 5.3 million. As of the previous 9 days, the stock’s Stochastic %D was 80.99%. Additionally, its Average True Range was 1.96.
During the past 100 days, On Holding AG’s (ONON) raw stochastic average was set at 93.97%, which indicates a significant increase from 88.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.94% in the past 14 days, which was lower than the 48.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.22, while its 200-day Moving Average is $34.30. However, in the short run, On Holding AG’s stock first resistance to watch stands at $47.53. Second resistance stands at $48.08. The third major resistance level sits at $48.84. If the price goes on to break the first support level at $46.22, it is likely to go to the next support level at $45.46. Now, if the price goes above the second support level, the third support stands at $44.91.
On Holding AG (NYSE: ONON) Key Stats
With a market capitalization of 15.04 billion, the company has a total of 629,653K Shares Outstanding. Currently, annual sales are 1,996 M while annual income is 88,670 K. The company’s previous quarter sales were 627,710 K while its latest quarter income was 34,060 K.
