Ondas Holdings Inc (NASDAQ: ONDS) kicked off on Monday, down -2.59% from the previous trading day, before settling in for the closing price of $0.89. Over the past 52 weeks, ONDS has traded in a range of $0.54-$1.99.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 305.24%. While this was happening, its average annual earnings per share was recorded 40.63%. With a float of $65.12 million, this company’s outstanding shares have now reached $77.29 million.
Considering the fact that the conglomerate employs 108 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -22.54%, operating margin of -446.16%, and the pretax margin is -521.01%.
Ondas Holdings Inc (ONDS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Ondas Holdings Inc is 15.75%, while institutional ownership is 14.97%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.17 earnings per share (EPS), lower than consensus estimate (set at -0.14) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.63% per share during the next fiscal year.
Ondas Holdings Inc (NASDAQ: ONDS) Trading Performance Indicators
Take a look at Ondas Holdings Inc’s (ONDS) current performance indicators. Last quarter, stock had a quick ratio of 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.73, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of Ondas Holdings Inc (ONDS)
Compared to the last year’s volume of 0.3 million, its volume of 1.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 64.85%. Additionally, its Average True Range was 0.10.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 42.38%, which indicates a significant decrease from 56.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.84% in the past 14 days, which was lower than the 117.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8022, while its 200-day Moving Average is $0.8763. Nevertheless, the first resistance level for the watch stands at $0.9400 in the near term. At $1.0200, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0900. If the price goes on to break the first support level at $0.7900, it is likely to go to the next support level at $0.7200. Should the price break the second support level, the third support level stands at $0.6400.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
The company with the Market Capitalisation of 73.01 million has total of 77,293K Shares Outstanding. Its annual sales at the moment are 15,690 K in contrast with the sum of -44,840 K annual income. Company’s last quarter sales were recorded 1,480 K and last quarter income was -9,530 K.
