Ondas Holdings Inc (NASDAQ: ONDS) on Tuesday, soared 6.59% from the previous trading day, before settling in for the closing price of $0.81. Within the past 52 weeks, ONDS’s price has moved between $0.54 and $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%. The company achieved an average annual earnings per share of 40.63%. With a float of $69.38 million, this company’s outstanding shares have now reached $75.30 million.
The extent of productivity of a business whose workforce counts for 108 workers is very important to gauge. 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 and Institutional Ownership
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Ondas Holdings Inc is 15.75%, while institutional ownership is 14.05%. 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 -0.07 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
Ondas Holdings Inc (ONDS) is currently performing well based on its current performance indicators. A quick ratio of 0.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.90.
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)
The latest stats from [Ondas Holdings Inc, ONDS] show that its last 5-days average volume of 2.21 million was superior to 0.52 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.92%. Additionally, its Average True Range was 0.14.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 43.27%, which indicates a significant increase from 33.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 124.50% in the past 14 days, which was higher than the 111.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8220, while its 200-day Moving Average is $0.8484. Now, the first resistance to watch is $1.0264. This is followed by the second major resistance level at $1.1861. The third major resistance level sits at $1.3021. If the price goes on to break the first support level at $0.7507, it is likely to go to the next support level at $0.6347. The third support level lies at $0.4750 if the price breaches the second support level.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
Market capitalization of the company is 71.38 million based on 77,293K outstanding shares. Right now, sales total 15,690 K and income totals -44,840 K. The company made 1,480 K in profit during its latest quarter, and -9,530 K in sales during its previous quarter.
