On Holding AG (NYSE:ONON) shares, rose in value, with the stock price up by 0.94% to the previous day’s close as strong demand from buyers drove the stock to $46.48.
Actively observing the price movement in the recent trading, the stock is buoying the session at $46.05, falling within a range of $44.88 and $46.7. The value of beta (5-year monthly) is 2.349 whereas the PE ratio is 55.23 over 12-month period. Referring to stock’s 52-week performance, its high was $64.05, and the low was $29.84. On the whole, ONON has fluctuated by -6.83% over the past month.
With the market capitalization of On Holding AG currently standing at about $15.05 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.98B, with a low estimate of 647.6M and a high estimate of 701.04M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 676.06M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ONON’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.79, with the price of ONON currently trading nearly -1.80% and -11.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.01, while the 7-day volatility ratio is showing 4.89% which for the 30-day chart, stands at 5.03%. Furthermore, On Holding AG (ONON)’s beta value is 2.33, and its average true range (ATR) is 2.46.
A comparison of On Holding AG (ONON) with its peers suggests the former has fared considerably weaker in the market. ONON showed an intraday change of 0.94% in today’s session so far, and over the past year, it grew by 34.38%%.
Data on historical trading for On Holding AG (NYSE:ONON) indicates that the trading volumes over the past 10 days have averaged 3.55 and over the past 3 months, they’ve averaged 4.22 million. According to company’s latest data on outstanding shares, there are 289.30 million shares outstanding.
Nearly 33.06% of On Holding AG’s shares belong to company insiders and institutional investors own 52.23% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.64 million shares as on 2025-03-14, resulting in a short ratio of 2.28. According to the data, the short interest in On Holding AG (ONON) stood at 545.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 15.36 million. The stock has fallen by -15.13% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ONON stock heading into the next quarter.
