Onex (OTCMKTS:ONEXF) Share Price Passes Below 200 Day Moving Average of $71.23

Onex Co. (OTCMKTS:ONEXF)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $71.23 and traded as low as $68.66. Onex shares last traded at $69.55, with a volume of 552 shares traded.

Onex Price Performance

The business’s 50-day moving average price is $68.75 and its 200 day moving average price is $71.23. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $5.37 billion, a P/E ratio of 6.68 and a beta of 1.55.

Onex Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 31st. Stockholders of record on Thursday, July 11th were given a $0.073 dividend. The ex-dividend date was Wednesday, July 10th. This represents a dividend yield of 0.43%. Onex’s dividend payout ratio (DPR) is currently 2.96%.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.