ONEX (OTCMKTS:ONEXF) Shares Gap Down – Here’s Why

ONEX Corporation (OTCMKTS:ONEXFGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $81.3853, but opened at $77.00. ONEX shares last traded at $77.00, with a volume of 336 shares traded.

ONEX Stock Performance

The stock’s 50-day simple moving average is $77.72 and its 200-day simple moving average is $79.80. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 9.31 and a beta of 1.20. The company has a current ratio of 30.17, a quick ratio of 30.17 and a debt-to-equity ratio of 0.27.

ONEX (OTCMKTS:ONEXFGet Free Report) last announced its earnings results on Friday, May 15th. The company reported $999.00 earnings per share (EPS) for the quarter. ONEX had a net margin of 66.06% and a return on equity of 6.68%. The firm had revenue of $187.00 million for the quarter.

About ONEX

(Get Free Report)

Onex Corporation is a Toronto‐based investment firm specializing in private equity and credit strategies across a range of industries. The company raises capital through independently managed funds and deploys it in buyouts, recapitalizations and growth investments targeting companies with strong management teams and potential for operational improvement. Onex also manages a public markets platform that invests in publicly traded companies, employing a value‐oriented approach to create long‐term shareholder value.

Through its private equity arm, Onex Partners, the firm pursues transactions in sectors such as aerospace and defense, healthcare, financial services, industrial manufacturing and packaging.

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