In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
Ondas Holdings Inc (NASDAQ: ONDS) closed the day trading at $1.75 up 3.55% from the previous closing price of $1.69. In other words, the price has increased by $3.55 from its previous closing price. On the day, 3.07 million shares were traded. ONDS stock price reached its highest trading level at $1.835 during the session, while it also had its lowest trading level at $1.665.
Ratios:
For a better understanding of ONDS, let’s 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.
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 167821664 and an Enterprise Value of 165467104. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.93 while its Price-to-Book (P/B) ratio in mrq is 8.83. Its current Enterprise Value per Revenue stands at 20.619 whereas that against EBITDA is -5.105.
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 7.19%, while the 200-Day Moving Average is calculated to be 73.32%.
Shares Statistics:
Over the past 3-months, ONDS traded about 5.97M shares per day on average, while over the past 10 days, ONDS traded about 4060820 shares per day. A total of 95.90M shares are outstanding, with a floating share count of 82.19M. Insiders hold about 14.30% of the company’s shares, while institutions hold 12.02% stake in the company. Shares short for ONDS as of 1736899200 were 3825727 with a Short Ratio of 0.64, compared to 1734048000 on 3830451. Therefore, it implies a Short% of Shares Outstanding of 3825727 and a Short% of Float of 4.3.
