A new trading day began on Monday, with Ondas Holdings Inc (NASDAQ: ONDS) stock price down -16.07% from the previous day of trading, before settling in for the closing price of $2.24. ONDS’s price has ranged from $0.54 to $3.40 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged 40.63%. With a float of $80.74 million, this company’s outstanding shares have now reached $95.90 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
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 15.81%, while institutional ownership is 11.95%. 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) Earnings and Forecasts
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
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 22.48.
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 15.16 million, its volume of 11.69 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.53%. Additionally, its Average True Range was 0.41.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 44.63%, which indicates a significant increase from 30.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 187.02% 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 $1.31, while its 200-day Moving Average is $0.95. Nevertheless, the first resistance level for the watch stands at $2.11 in the near term. At $2.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.48. If the price goes on to break the first support level at $1.74, it is likely to go to the next support level at $1.59. Should the price break the second support level, the third support level stands at $1.37.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
With a market capitalization of 180.29 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.
