Onex (OTCMKTS:ONEXF) Posts Earnings Results

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

Onex Stock Up 5.9 %

Shares of OTCMKTS ONEXF traded up $4.72 during mid-day trading on Monday, hitting $84.73. The company had a trading volume of 67,202 shares, compared to its average volume of 10,944. Onex has a one year low of $61.23 and a one year high of $85.07. The company has a market capitalization of $6.46 billion, a PE ratio of 9.08 and a beta of 1.54. 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 firm has a 50-day simple moving average of $70.06 and a two-hundred day simple moving average of $69.80.

Onex Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Friday, October 11th were paid a dividend of $0.0736 per share. This represents a dividend yield of 0.42%. This is an increase from Onex’s previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, October 10th. Onex’s dividend payout ratio is currently 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.