On Holding AG (NYSE:ONON) price is hovering higher on Monday, April 15, jumping 0.18% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $32.87. The company’s P/E ratio in the trailing 12-month period read 121.60. Taking into account the 52-week price action we note that the stock hit a 52-week high of $37.08 and 52-week low of $23.41. The stock added 0.76% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ONON a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that ONON’s price is at present -2.37% off the SMA20 and 1.66% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 49.14, with weekly volatility standing at 3.25%. The indicator jumps to 3.52% when calculated based on the past 30 days. On Holding AG (NYSE:ONON)’s beta value is holding at 2.17, while the average true range (ATR) indicator is currently reading 1.23.
An analysis of the On Holding AG (NYSE:ONON) stock in terms of its daily trading volume indicates that the 3-month average is 5.34 million.
Current records show that the company has 302.35M in outstanding shares. The insiders’ percentage holdings are 35.16% of outstanding shares while the percentage share held by institutions stands at 51.39%. But the 22.10% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
