Ondas Holdings Inc [NASDAQ: ONDS] traded at a low on Tuesday, posting a 0.00 loss after which it closed the day’ session at $2.10.
The results of the trading session contributed to over 5473475 shares changing hands. Over the past one week, the price volatility of Ondas Holdings Inc stands at 10.80% while the volatility over the past one month is 11.36%.
The market cap for ONDS stock reached $201.39 million, with 95.90 million shares outstanding and 82.97 million shares in the current float. Compared to the average trading volume of 6.29M shares, ONDS reached a trading volume of 5473475 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Ondas Holdings Inc [ONDS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ONDS shares is $2.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ONDS stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Ladenburg Thalmann have made an estimate for Ondas Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 11, 2023. While these analysts kept the previous recommendation, Northland Capital raised their target price to Outperform. The new note on the price target was released on February 16, 2021, representing the official price target for Ondas Holdings Inc stock. Previously, the target price had yet another raise to $10, while Oppenheimer analysts kept a Outperform rating on ONDS stock.
The Average True Range (ATR) for Ondas Holdings Inc is set at 0.25, with the Price to Sales ratio for ONDS stock in the period of the last 12 months amounting to 25.11. The Price to Book ratio for the last quarter was 10.60, with the Price to Cash per share for the same quarter was set at 0.03.
How has ONDS stock performed recently?
Ondas Holdings Inc [ONDS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.26. With this latest performance, ONDS shares dropped by -6.25% in over the last four-week period, additionally plugging by 165.86% over the last 6 months – not to mention a rise of 60.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ONDS stock in for the last two-week period is set at 56.08, with the RSI for the last a single of trading hit 59.95, and the three-weeks RSI is set at 55.59 for Ondas Holdings Inc [ONDS]. The present Moving Average for the last 50 days of trading for this stock 1.78, while it was recorded at 1.90 for the last single week of trading, and 1.04 for the last 200 days.
Ondas Holdings Inc [ONDS]: Deeper insight into the fundamentals
Ondas Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.19 and a Current Ratio set at 0.43.
Earnings analysis for Ondas Holdings Inc [ONDS]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ONDS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ondas Holdings Inc go to 50.51%.
Insider trade positions for Ondas Holdings Inc [ONDS]
There are presently around $13.47%, or 15.53%% of ONDS stock, in the hands of institutional investors. The top three institutional holders of ONDS stocks are: VANGUARD GROUP INC with ownership of 2.09 million shares, which is approximately 3.3085%. BLEICHROEDER LP, holding 0.78 million shares of the stock with an approximate value of $$0.45 million in ONDS stocks shares; and BLEICHROEDER LP, currently with $$0.32 million in ONDS stock with ownership which is approximately 0.8758%.
