Onex (TSE:ONEX) Shares Up 0.3%

Onex Co. (TSE:ONEX)’s share price was up 0.3% during trading on Monday . The stock traded as high as C$90.90 and last traded at C$88.79. Approximately 131,619 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 102,532 shares. The stock had previously closed at C$88.53.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upped their price target on shares of Onex from C$121.00 to C$122.00 in a report on Friday, August 9th.

Onex Price Performance

The stock has a market capitalization of C$6.76 billion, a price-to-earnings ratio of 6.46, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53. The company has a current ratio of 3.62, a quick ratio of 2.41 and a debt-to-equity ratio of 0.54. The stock has a 50-day simple moving average of C$93.64 and a 200 day simple moving average of C$96.58.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, upper-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.