Onex (OTCMKTS:ONEXF) Issues Earnings Results

Onex (OTCMKTS:ONEXF) posted its quarterly earnings results on Friday. The company reported $1.68 EPS for the quarter, reports. Onex had a net margin of 70.42% and a return on equity of 9.55%. The business had revenue of $199.00 million during the quarter.

Onex Stock Up 5.9 %

Shares of ONEXF traded up $4.72 during trading hours on Monday, hitting $84.73. The company had a trading volume of 67,202 shares, compared to its average volume of 10,944. The company has a current ratio of 2.87, a quick ratio of 2.87 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $6.46 billion, a PE ratio of 9.08 and a beta of 1.54. Onex has a one year low of $61.23 and a one year high of $85.07. The company’s fifty day moving average price is $70.06 and its two-hundred day moving average price is $69.80.

Onex Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 11th were given a dividend of $0.0736 per share. This represents a yield of 0.42%. The ex-dividend date of this dividend was Thursday, October 10th. This is a boost from Onex’s previous dividend of $0.07. Onex’s dividend payout ratio (DPR) is 3.41%.

Onex Company Profile

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.