Onex (OTCMKTS:ONEXF) Raised to Strong-Buy at TD Securities

Onex (OTCMKTS:ONEXF) was upgraded by equities research analysts at TD Securities from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Onex Stock Performance

Onex stock opened at $81.86 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.87 and a current ratio of 2.87. The stock has a fifty day moving average of $70.68 and a two-hundred day moving average of $69.98. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of 9.56 and a beta of 1.54. Onex has a fifty-two week low of $61.24 and a fifty-two week high of $85.07.

Onex (OTCMKTS:ONEXF) last posted its quarterly earnings data on Friday, November 8th. The company reported $1.68 earnings per share (EPS) for the quarter. Onex had a return on equity of 7.95% and a net margin of 68.14%. The business had revenue of $199.00 million for the quarter.

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.