The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $1.88 in the prior trading day, Ondas Holdings Inc (NASDAQ: ONDS) closed at $1.99, up 5.85%. In other words, the price has increased by $5.85 from its previous closing price. On the day, 4.81 million shares were traded. ONDS stock price reached its highest trading level at $2.13 during the session, while it also had its lowest trading level at $1.9.
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 190837216 and an Enterprise Value of 183538448. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.80 while its Price-to-Book (P/B) ratio in mrq is 10.04. Its current Enterprise Value per Revenue stands at 22.871 whereas that against EBITDA is -5.663.
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 48.98%, while the 200-Day Moving Average is calculated to be 109.15%.
Shares Statistics:
The stock has traded on average 5.11M shares per day over the past 3-months and 15224550 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 1735603200 were 6123148 with a Short Ratio of 1.20, compared to 1732838400 on 1885655. Therefore, it implies a Short% of Shares Outstanding of 6123148 and a Short% of Float of 7.249999999999999.
