Ondas Holdings Inc (NASDAQ:ONDS) currently has a daily average trading volume of 8.42M but it saw 8820513 shares traded in last market. With a market cap of 118.89M USD, the company’s current market price of $0.87 came falling about -8.22 while comparing to the previous closing price of $0.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.40 and as low as $0.54.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Ladenburg Thalmann which initiated the stock as “Buy” in its note to investors issued on December 11, 2023, recommending a price target of $3.50 for it. Oppenheimer also issued its recommendations for the stock as it initiated the price target for the stock is $10.
Over the week, ONDS’s stock price is moving -1.23% down while it is 5.49% when we observe its performance for the past one month. Year-to-date it is -66.21% down and over the past year, the stock is showing an upside performance of 12.35%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.07 while estimate for next year EPS is -0.29. In next quarter, company is expected to be making quarterly sales of $6.48M as analysts are expecting the sales for current fiscal year at $24.21M and seeing the company making $51.78M in sales next year. Moreover, analysts are in estimates of $4.97M for current-quarter revenue.
Currently, Ondas Holdings Inc’s total number of outstanding shares is 127.72M with 12.04% of that held by the insiders while 12.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -150.01% and return on equity (ROE) at -157.00%. Stock has a price to book (P/B) ratio of 4.24 while price to sale or P/S ratio amounts to 10.99. Its return on asset (ROA) is -43.08% on average.
