Currently, there are 152.36M common shares owned by the public and among those 134.40M shares have been available to trade.
The company’s stock has a 5-day price change of 7.06% and 146.48% over the past three months. ONDS shares are trading -28.91% year to date (YTD), with the 12-month market performance up to 110.65% 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 10.56 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 40.08%, 80.02%, and 59.57% respectively.
Institutional ownership of Ondas Holdings Inc (NASDAQ: ONDS) shares accounts for 11.50% of the company’s 152.36M shares outstanding.
It has a market capitalization of $318.06M. The earnings-per-share (ttm) stands at -$0.58. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.63% over the week and 9.10% over the month.
Analysts forecast that Ondas Holdings Inc (ONDS) will achieve an EPS of -0.07 for the current quarter, -0.06 for the next quarter and -0.14 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.07 while analysts give the company a high EPS estimate of -0.07. Comparatively, EPS for the current quarter was -0.14 a year ago. Earnings per share for the fiscal year are expected to increase by 38.36%, and 48.14% over the next financial year.
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.
