For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $2.54 in the prior trading day, Ondas Holdings Inc (NASDAQ: ONDS) closed at $2.24, down -11.81%. In other words, the price has decreased by -$11.81 from its previous closing price. On the day, 6.19 million shares were traded. ONDS stock price reached its highest trading level at $2.46 during the session, while it also had its lowest trading level at $2.2.
Ratios:
Our goal is to gain a better understanding of ONDS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 2.45 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Ladenburg Thalmann on December 11, 2023, initiated with a Buy rating and assigned the stock a target price of $3.50.
On February 16, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $22.
On December 23, 2020, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $10.Oppenheimer initiated its Outperform rating on December 23, 2020, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 19 ’24 when Seidl Randy sold 21,359 shares for $1.29 per share. The transaction valued at 27,553 led to the insider holds 124,513 shares of the business.
SOOD JASPREET K sold 28,971 shares of ONDS for $37,373 on Dec 19 ’24. The Director now owns 110,843 shares after completing the transaction at $1.29 per share. On Dec 19 ’24, another insider, COHEN RICHARD M, who serves as the Director of the company, sold 25,306 shares for $1.29 each. As a result, the insider received 32,645 and left with 128,113 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONDS now has a Market Capitalization of 204568000 and an Enterprise Value of 202362784. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.78 while its Price-to-Book (P/B) ratio in mrq is 11.31. Its current Enterprise Value per Revenue stands at 25.217 whereas that against EBITDA is -6.244.
Stock Price History:
Over the past 52 weeks, ONDS has reached a high of $3.40, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is 73.59%, while the 200-Day Moving Average is calculated to be 137.84%.
Shares Statistics:
The stock has traded on average 4.81M shares per day over the past 3-months and 15588080 shares per day over the last 10 days, according to various share statistics. A total of 95.90M shares are outstanding, with a floating share count of 80.74M. Insiders hold about 15.81% of the company’s shares, while institutions hold 11.95% stake in the company. Shares short for ONDS as of 1734048000 were 3830451 with a Short Ratio of 1.27, compared to 1731628800 on 1781928. Therefore, it implies a Short% of Shares Outstanding of 3830451 and a Short% of Float of 5.08.
