Market Recap: Ondas Holdings Inc (ONDS)’s Positive Momentum, Closing at 2.02

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Ondas Holdings Inc (NASDAQ: ONDS) was $2.02 for the day, up 3.59% from the previous closing price of $1.95. In other words, the price has increased by $3.59 from its previous closing price. On the day, 8.46 million shares were traded. ONDS stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $1.8.

Ratios:

Our analysis of ONDS’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 172607376 and an Enterprise Value of 144383856. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.30 while its Price-to-Book (P/B) ratio in mrq is 10.20. Its current Enterprise Value per Revenue stands at 17.992 whereas that against EBITDA is -4.455.

Stock Price History:

Over the past 52 weeks, ONDS has reached a high of $1.99, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is 112.67%, while the 200-Day Moving Average is calculated to be 134.65%.

Shares Statistics:

ONDS traded an average of 2.35M shares per day over the past three months and 8134890 shares per day over the past ten days. A total of 75.30M shares are outstanding, with a floating share count of 72.20M. Insiders hold about 15.51% of the company’s shares, while institutions hold 13.54% stake in the company. Shares short for ONDS as of 1732838400 were 1885655 with a Short Ratio of 1.63, compared to 1730332800 on 2251489. Therefore, it implies a Short% of Shares Outstanding of 1885655 and a Short% of Float of 2.6800001.

Most Popular