Ondas Holdings Inc (ONDS) is ready for next Episode as it posted an annual sales of 15,690 K

On Friday, Ondas Holdings Inc (NASDAQ: ONDS) was -5.36% drop from the session before settling in for the closing price of $1.12. A 52-week range for ONDS has been $0.31 – $1.99.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 305.24%. When this article was written, the company’s average yearly earnings per share was at 45.74%. With a float of $54.28 million, this company’s outstanding shares have now reached $61.94 million.

The extent of productivity of a business whose workforce counts for 108 workers is very important to gauge.

Ondas Holdings Inc (ONDS) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ondas Holdings Inc stocks. The insider ownership of Ondas Holdings Inc is 18.09%, while institutional ownership is 11.48%. The most recent insider transaction that took place on Jun 11 ’24, was worth 27,631. In this transaction Chairman, CEO and President of this company bought 37,400 shares at a rate of $0.74, taking the stock ownership to the 1,936,255 shares. Before that another transaction happened on Jun 10 ’24, when Company’s Chairman, CEO and President bought 7,649 for $0.67, making the entire transaction worth $5,119. This insider now owns 1,898,855 shares in total.

Ondas Holdings Inc (ONDS) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 45.74% per share during the next fiscal year.

Ondas Holdings Inc (NASDAQ: ONDS) Trading Performance Indicators

You can see what Ondas Holdings Inc (ONDS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.10 in one year’s time.

Technical Analysis of Ondas Holdings Inc (ONDS)

The latest stats from [Ondas Holdings Inc, ONDS] show that its last 5-days average volume of 0.37 million was superior to 0.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 44.07%. Additionally, its Average True Range was 0.13.

During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 65.04%, which indicates a significant increase from 56.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 162.48% in the past 14 days, which was higher than the 118.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.7775, while its 200-day Moving Average is $1.0023. Now, the first resistance to watch is $1.1732. This is followed by the second major resistance level at $1.2863. The third major resistance level sits at $1.3928. If the price goes on to break the first support level at $0.9536, it is likely to go to the next support level at $0.8471. Assuming the price breaks the second support level, the third support level stands at $0.7340.

Ondas Holdings Inc (NASDAQ: ONDS) Key Stats

There are 66,272K outstanding shares of the company, which has a market capitalization of 70.25 million. As of now, sales total 15,690 K while income totals -44,840 K. Its latest quarter income was 630 K while its last quarter net income were -9,880 K.