Ondas Holdings Inc (NASDAQ: ONDS) on Friday, soared 6.46% from the previous trading day, before settling in for the closing price of $2.63. Within the past 52 weeks, ONDS’s price has moved between $0.54 and $3.14.
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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. The company achieved an average annual earnings per share of 40.63%. With a float of $76.93 million, this company’s outstanding shares have now reached $91.28 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
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Ondas Holdings Inc is 15.72%, while institutional ownership is 12.68%. The most recent insider transaction that took place on Dec 19 ’24, was worth 27,553. In this transaction Director of this company sold 21,359 shares at a rate of $1.29, taking the stock ownership to the 124,513 shares. Before that another transaction happened on Dec 19 ’24, when Company’s Director sold 28,971 for $1.29, making the entire transaction worth $37,373. This insider now owns 110,843 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
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 33.93.
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 18.76 million. That was inferior than the volume of 23.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.85%. Additionally, its Average True Range was 0.39.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 79.05%, which indicates a significant increase from 75.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 219.30% in the past 14 days, which was higher than the 132.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.16, while its 200-day Moving Average is $0.91. However, in the short run, Ondas Holdings Inc’s stock first resistance to watch stands at $3.21. Second resistance stands at $3.63. The third major resistance level sits at $3.85. If the price goes on to break the first support level at $2.57, it is likely to go to the next support level at $2.35. Assuming the price breaks the second support level, the third support level stands at $1.93.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
Market capitalization of the company is 272.11 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.
