Ondas Holdings Inc (NASDAQ: ONDS) is 30.72% higher on its value in year-to-date trading and has touched a low of $0.54 and a high of $1.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ONDS stock was last observed hovering at around $1.95 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $2.02, the stock is 74.05% and 112.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.46 million and changing 3.59% at the moment leaves the stock 134.65% off its SMA200. ONDS registered 52.67% gain for a year compared to 6-month gain of 224.68%. The firm has a 50-day simple moving average (SMA 50) of $0.92942 and a 200-day simple moving average (SMA200) of $0.856385.
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The stock witnessed a 125.48% loss in the last 1 month and extending the period to 3 months gives it a 185.71%, and is 19.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 33.97% over the week and 26.47% over the month.
Ondas Holdings Inc (ONDS) has around 108 employees, a market worth around $178.81M and $8.02M in sales. Profit margin for the company is -572.33%. Distance from 52-week low is 276.44% and 1.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-224.33%).
The EPS is expected to grow by 40.63% this year
45.0 institutions hold shares in Ondas Holdings Inc (ONDS), with institutional investors hold 15.85% of the company’s shares. The shares outstanding are 75.30M, and float is at 72.20M with Short Float at 5.31%. Institutions hold 13.63% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.09 million shares valued at $1.21 million. The investor’s holdings represent 3.3085 of the ONDS Shares outstanding. As of 2024-06-30, the second largest holder is BLEICHROEDER LP with 0.78 million shares valued at $0.45 million to account for 1.2295 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.55 million shares representing 0.8758 and valued at over $0.32 million, while BLACKROCK INC. holds 0.747 of the shares totaling 0.47 million with a market value of $0.27 million.
Ondas Holdings Inc (ONDS) Insider Activity
The most recent transaction is an insider sale by Seidl Randy, the company’s Director. SEC filings show that Seidl Randy sold 21,359 shares of the company’s common stock on Dec 19 ’24 at a price of $1.29 per share for a total of $27553.0. Following the sale, the insider now owns 0.12 million shares.
Ondas Holdings Inc disclosed in a document filed with the SEC on Dec 19 ’24 that SOOD JASPREET K (Director) sold a total of 28,971 shares of the company’s common stock. The trade occurred on Dec 19 ’24 and was made at $1.29 per share for $37373.0. Following the transaction, the insider now directly holds 0.11 million shares of the ONDS stock.
Still, SEC filings show that on Dec 19 ’24, COHEN RICHARD M (Director) disposed off 25,306 shares at an average price of $1.29 for $32645.0. The insider now directly holds 128,113 shares of Ondas Holdings Inc (ONDS).