Ondas Holdings Inc (NASDAQ: ONDS) on Monday, plunged -10.08% 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 $3.40.
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Annual sales at Technology sector company grew by 305.24% over the past five years. The company achieved an average annual earnings per share of 40.63%. With a float of $90.25 million, this company’s outstanding shares have now reached $103.43 million.
Let’s look at the performance matrix of the company that is accounted for 108 employees. 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 12.74%, while institutional ownership is 14.34%. 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
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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 50.51% during the next five years compared to -228.44% drop over the previous five years of trading.
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 9.38.
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)
Ondas Holdings Inc (NASDAQ: ONDS) saw its 5-day average volume 2.17 million, a negative change from its year-to-date volume of 5.19 million. As of the previous 9 days, the stock’s Stochastic %D was 8.41%. Additionally, its Average True Range was 0.17.
During the past 100 days, Ondas Holdings Inc’s (ONDS) raw stochastic average was set at 2.62%, which indicates a significant decrease from 4.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.71% in the past 14 days, which was lower than the 143.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8027, while its 200-day Moving Average is $1.0778. Nevertheless, the first resistance level for the watch stands at $0.7963 in the near term. At $0.8657, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9213. If the price goes on to break the first support level at $0.6713, it is likely to go to the next support level at $0.6157. Assuming the price breaks the second support level, the third support level stands at $0.5463.
Ondas Holdings Inc (NASDAQ: ONDS) Key Stats
Market capitalization of the company is 75.20 million based on 91,283K 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.
