Ondas Holdings Inc [NASDAQ: ONDS] gained 21125617% on the last trading session, reaching $11680000.0 price per share at the time.
If compared to the average trading volume of 11.68M shares, ONDS reached a trading volume of 21125617 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $2.38 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 1.40. 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 Price to Book ratio for the last quarter was 7.00, with the Price to Cash per share for the same quarter was set at 0.15.
Trading performance analysis for ONDS stock
Ondas Holdings Inc [ONDS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.43. With this latest performance, ONDS shares gained by 65.30% in over the last four-week period, additionally sinking by -14.37% over the last 6 months – not to mention a drop of -44.14% in the past year of trading.
Ondas Holdings Inc [ONDS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Ondas Holdings Inc [ONDS] shares currently have an operating margin of -330.93% and a Gross Margin at -32.25%. Ondas Holdings Inc’s Net Margin is presently recorded at -433.75%.
Return on Equity for this stock declined to -43.08%, with Return on Assets sitting at -43.08%.
An analysis of Institutional ownership at Ondas Holdings Inc [ONDS]
The top three institutional holders of ONDS stocks are: VANGUARD GROUP INC with ownership of 2.09 million shares, which is approximately 3.1419%. 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 0.8317%.
