On Tuesday, Ondas Holdings Inc (NASDAQ: ONDS) opened lower -10.26% from the last session, before settling in for the closing price of $0.77. Price fluctuations for ONDS have ranged from $0.31 to $1.99 over the past 52 weeks.
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Annual sales at Technology sector company grew by 305.24% over the past five years. Company’s average yearly earnings per share was noted 45.74% at the time writing. With a float of $54.28 million, this company’s outstanding shares have now reached $61.94 million.
Let’s look at the performance matrix of the company that is accounted for 108 employees.
Ondas Holdings Inc (ONDS) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Ondas Holdings Inc is 18.09%, while institutional ownership is 11.35%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
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
Check out the current performance indicators for Ondas Holdings Inc (ONDS). In the past 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 3.34.
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)
Ondas Holdings Inc (NASDAQ: ONDS) saw its 5-day average volume 0.36 million, a positive change from its year-to-date volume of 0.26 million. As of the previous 9 days, the stock’s Stochastic %D was 6.34%. Additionally, its Average True Range was 0.13.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 18.98%, which indicates a significant increase from 5.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.46% in the past 14 days, which was lower than the 119.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7933, while its 200-day Moving Average is $1.0181. Nevertheless, the first resistance level for the watch stands at $0.7940 in the near term. At $0.8970, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9640. If the price goes on to break the first support level at $0.6240, it is likely to go to the next support level at $0.5570. The third support level lies at $0.4540 if the price breaches the second support level.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
There are currently 66,272K shares outstanding in the company with a market cap of 45.79 million. Presently, the company’s annual sales total 15,690 K according to its annual income of -44,840 K. Last quarter, the company’s sales amounted to 630 K and its income totaled -9,880 K.
