Currently, there are 95.90M common shares owned by the public and among those 82.97M shares have been available to trade.
The company’s stock has a 5-day price change of 24.26% and 181.46% over the past three months. ONDS shares are trading -17.97% year to date (YTD), with the 12-month market performance up to 60.31% higher. It has a 12-month low price of $0.54 and touched a high of $3.40 over the same period. ONDS has an average intraday trading volume of 6.29 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.53%, 18.01%, and 101.29% respectively.
Institutional ownership of Ondas Holdings Inc (NASDAQ: ONDS) shares accounts for 12.74% of the company’s 95.90M shares outstanding.
It has a market capitalization of $201.39M. The earnings-per-share (ttm) stands at -$0.73. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.80% over the week and 11.36% over the month.
Earnings per share for the fiscal year are expected to increase by 40.63%, and 44.98% over the next financial year. EPS should grow at an annualized rate of 50.51% over the next five years, compared to -228.44% over the past 5-year period.
Looking at the support for the ONDS, a number of firms have released research notes about the stock. Ladenburg Thalmann stated their Buy rating for the stock in a research note on December 11, 2023, with the firm’s price target at $3.50. Northland Capital coverage for the Ondas Holdings Inc (ONDS) stock in a research note released on February 16, 2021 offered a Outperform rating with a price target of $22.
