On Holding AG (ONON) Moves -1.97% Lower: These Numbers are Too Good to be True

On Holding AG (NYSE: ONON) started the day on Thursday, with a price decrease of -1.97% at $48.16, before settling in for the price of $49.13 at the close. Taking a more long-term approach, ONON posted a 52-week range of $24.15-$52.80.

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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 65.20% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 150.06%. This publicly-traded company’s shares outstanding now amounts to $284.22 million, simultaneously with a float of $209.41 million. The organization now has a market capitalization sitting at $15.42 billion. At the time of writing, stock’s 50-day Moving Average stood at $47.06, while the 200-day Moving Average is $37.67.

On Holding AG (ONON) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Footwear & Accessories Industry. On Holding AG’s current insider ownership accounts for 34.58%, in contrast to 55.90% institutional ownership.

On Holding AG (ONON) Earnings and Revenue Records

On Holding AG’s EPS increase for this current 12-month fiscal period is 150.06% and is forecasted to reach 1.09 in the upcoming year.

On Holding AG (NYSE: ONON) Trading Performance Indicators

Let’s observe the current performance indicators for On Holding AG (ONON). It’s Quick Ratio in the last reported quarter now stands at 2.18. The Stock has managed to achieve an average true range (ATR) of 1.60. Alongside those numbers, its PE Ratio stands at $90.05, and its Beta score is 2.24. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.83. Similarly, its price to free cash flow for trailing twelve months is now 39.05.

In the same vein, ONON’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.53, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 1.09 at the market close of one year from today.

Technical Analysis of On Holding AG (ONON)

If we take a close look at the recent performances of On Holding AG (NYSE: ONON), its last 5-days Average volume was 2.85 million that shows plunge from its year to date volume of 5.07 million. During the previous 9 days, stock’s Stochastic %D was recorded 11.55% While, its Average True Range was 1.52.

Raw Stochastic average of On Holding AG (ONON) in the period of the previous 100 days is set at 73.57%, which indicates a major rise in contrast to 2.32% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.62% that was lower than 38.25% volatility it exhibited in the past 100-days period.