A new trading day began on Monday, with Ondas Holdings Inc (NASDAQ: ONDS) stock price down -16.66% from the previous day of trading, before settling in for the closing price of $0.98. ONDS’s price has ranged from $0.54 to $1.99 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 305.24% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 40.63%. With a float of $65.12 million, this company’s outstanding shares have now reached $75.30 million.
In an organization with 108 employees, it is important to assess its efficiency. 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 Updates
As we move forward, let’s examine how large-scale investors are investing 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) Performance Highlights and Predictions
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
Here are Ondas Holdings Inc’s current performance indicators. According to the last quarter’s results, the 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 8.97.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 8.03 million. That was better than the volume of 0.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.71%. Additionally, its Average True Range was 0.14.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 37.15%, which indicates a significant increase from 27.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.83% in the past 14 days, which was higher than the 115.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8114, while its 200-day Moving Average is $0.8637. However, in the short run, Ondas Holdings Inc’s stock first resistance to watch stands at $1.1232. Second resistance stands at $1.4262. The third major resistance level sits at $1.6025. If the price goes on to break the first support level at $0.6439, it is likely to go to the next support level at $0.4676. Assuming the price breaks the second support level, the third support level stands at $0.1646.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
With a market capitalization of 71.97 million, the company has a total of 77,293K Shares Outstanding. Currently, annual sales are 15,690 K while annual income is -44,840 K. The company’s previous quarter sales were 1,480 K while its latest quarter income was -9,530 K.
