ONEX (OTCMKTS:ONEXF) Shares Gap Down – What’s Next?

ONEX Corporation (OTCMKTS:ONEXF)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $75.6485, but opened at $73.34. ONEX shares last traded at $73.34, with a volume of 119 shares changing hands.

ONEX Trading Down 3.1%

The stock has a market cap of $5.03 billion, a price-to-earnings ratio of 8.27 and a beta of 1.24. The stock’s 50 day moving average is $80.58 and its two-hundred day moving average is $82.64.

ONEX (OTCMKTS:ONEXF) last posted its quarterly earnings data on Friday, February 20th. The company reported $2.64 EPS for the quarter. ONEX had a net margin of 68.63% and a return on equity of 7.21%. The company had revenue of $234.00 million for the quarter.

About ONEX

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.