Ondas Holdings Inc (NASDAQ: ONDS) is -57.03% lower on its value in year-to-date trading and has touched a low of $0.54 and a high of $3.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ONDS stock was last observed hovering at around $1.25 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $1.10, the stock is -35.69% and -42.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing -12.00% at the moment leaves the stock 2.53% off its SMA200. ONDS registered -12.00% loss for a year compared to 6-month gain of 29.12%..
The stock witnessed a -47.87% loss in the last 1 month and extending the period to 3 months gives it a 63.93%, and is -39.89% down 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 16.43% over the week and 11.23% over the month.
Ondas Holdings Inc (ONDS) has around 108 employees, a market worth around $113.78M and $8.02M in sales. Profit margin for the company is -572.33%. Distance from 52-week low is 104.99% and -67.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-224.33%).
with sales reaching $5.75M over the same period.The EPS is expected to grow by 40.63% this year, but quarterly earnings will post -43.91% year-over-year. Quarterly sales are estimated to grow 15.97% in year-over-year returns.
Ondas Holdings Inc (ONDS) Top Institutional Holders
The shares outstanding are 103.43M, and float is at 90.25M with Short Float at 2.92%.
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 1.1676 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).
