On Monday, Ondas Holdings Inc (NASDAQ: ONDS) was 18.53% up from the session before settling in for the closing price of $0.75. A 52-week range for ONDS has been $0.31 – $1.99.
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During the last 5-year period, the sales growth of Technology Sector giant was 305.24%. When this article was written, the company’s average yearly earnings per share was at 44.03%. With a float of $61.68 million, this company’s outstanding shares have now reached $61.94 million.
Let’s determine the extent of company efficiency that accounts for 108 employees. In terms of profitability, gross margin is -29.26%, operating margin of -374.74%, and the pretax margin is -429.75%.
Ondas Holdings Inc (ONDS) Insider Activity
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 7.97%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 44.03% 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 0.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Ondas Holdings Inc (ONDS)
Looking closely at Ondas Holdings Inc (NASDAQ: ONDS), its last 5-days average volume was 0.38 million, which is a jump from its year-to-date volume of 0.27 million. As of the previous 9 days, the stock’s Stochastic %D was 37.48%. Additionally, its Average True Range was 0.11.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 46.18%, which indicates a significant decrease from 67.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.97% in the past 14 days, which was lower than the 120.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8309, while its 200-day Moving Average is $1.0371. However, in the short run, Ondas Holdings Inc’s stock first resistance to watch stands at $0.9827. Second resistance stands at $1.0763. The third major resistance level sits at $1.1727. If the price goes on to break the first support level at $0.7927, it is likely to go to the next support level at $0.6963. Should the price break the second support level, the third support level stands at $0.6027.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
There are 66,272K outstanding shares of the company, which has a market capitalization of 66.94 million. As of now, sales total 15,690 K while income totals -44,840 K. Its latest quarter income was 960 K while its last quarter net income were -8,270 K.
