On Friday, Ondas Holdings Inc (NASDAQ: ONDS) was 37.25% up from the session before settling in for the closing price of $1.02. A 52-week range for ONDS has been $0.54 – $1.99.
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A company in the Technology sector has jumped its sales by 305.24% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 40.63%. With a float of $69.58 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 and Institutional Ownership
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 15.51%, 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
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
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 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.73.
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 5.0 million. That was better than the volume of 0.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.51%. Additionally, its Average True Range was 0.17.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 96.64%, which indicates a significant increase from 96.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 181.72% in the past 14 days, which was higher than the 114.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8457, while its 200-day Moving Average is $0.8468. However, in the short run, Ondas Holdings Inc’s stock first resistance to watch stands at $1.5833. Second resistance stands at $1.7667. The third major resistance level sits at $2.1033. If the price goes on to break the first support level at $1.0633, it is likely to go to the next support level at $0.7267. The third support level lies at $0.5433 if the price breaches the second support level.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
There are 77,293K outstanding shares of the company, which has a market capitalization of 158.24 million. As of now, sales total 15,690 K while income totals -44,840 K. Its latest quarter income was 1,480 K while its last quarter net income were -9,530 K.
