Ondas Holdings Inc (ONDS) concluded trading on Wednesday at a closing price of $1.07, with 12.75 million shares of worth about $13.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.89% during that period and on Wednesday the price saw a gain of about 13.56%. Currently the company’s common shares owned by public are about 127.72M shares, out of which, 121.13M shares are available for trading.
Stock saw a price change of 13.52% in past 5 days and over the past one month there was a price change of 42.46%. Year-to-date (YTD), ONDS shares are showing a performance of -58.20% which increased to 48.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.54 but also hit the highest price of $3.40 during that period. The average intraday trading volume for Ondas Holdings Inc shares is 8.60 million. The stock is currently trading 24.37% above its 20-day simple moving average (SMA20), while that difference is up 24.52% for SMA50 and it goes to -2.22% lower than SMA200.
Ondas Holdings Inc (NASDAQ: ONDS) currently have 127.72M outstanding shares and institutions hold larger chunk of about 12.75% of that.
The stock has a current market capitalization of $147.05M. It has posted earnings per share of -$0.58 in the same period. It has Quick Ratio of 0.63 while making debt-to-equity ratio of 1.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ONDS, volatility over the week remained 5.16% while standing at 5.32% over the month. Stock’s fiscal year EPS is expected to rise by 38.36% while it is estimated to increase by 48.14% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on December 11, 2023 offering a Buy rating for the stock and assigned a target price of $3.50 to it. Coverage by Northland Capital stated Ondas Holdings Inc (ONDS) stock as an Outperform in their note to investors on February 16, 2021, suggesting a price target of $22 for the stock.
