Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The closing price of Ondas Holdings Inc (NASDAQ: ONDS) was $1.25 for the day, down -10.07% from the previous closing price of $1.39. In other words, the price has decreased by -$10.07 from its previous closing price. On the day, 2.53 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 16.12 while its Price-to-Book (P/B) ratio in mrq is 6.31.
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 -33.90%, while the 200-Day Moving Average is calculated to be 16.65%.
Shares Statistics:
A total of 103.43M shares are outstanding, with a floating share count of 90.25M. Insiders hold about 12.74% of the company’s shares, while institutions hold 14.32% stake in the company.