Ondas Holdings Inc (NASDAQ:ONDS) has seen 0.65 million shares traded in the recent trading session. The company, currently valued at $41.09M, closed the last trade at $0.62 per share which meant it lost -$0.07 on the day or -10.26% during that session. The ONDS stock price is -220.97% off its 52-week high price of $1.99 and 50.0% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.36 million shares traded. The 3-month trading volume is 266.67K shares.
The consensus among analysts is that Ondas Holdings Inc (ONDS) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.15.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ondas Holdings Inc (NASDAQ:ONDS) trade information
Sporting -10.26% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ONDS stock price touched $0.62 or saw a rise of 33.92%. Year-to-date, Ondas Holdings Inc shares have moved -59.47%, while the 5-day performance has seen it change -30.33%. Over the past 30 days, the shares of Ondas Holdings Inc (NASDAQ:ONDS) have changed -25.98%. Short interest in the company has seen 2.1 million shares shorted with days to cover at 5.93.
Ondas Holdings Inc (ONDS) estimates and forecasts
Figures show that Ondas Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -55.71% over the past 6 months, with this year growth rate of 43.18%, compared to 16.70% for the industry. Revenue growth from the last financial year stood is estimated to be 36.70%.
4 analysts offering their estimates for the company have set an average revenue estimate of 1.25M for the current quarter. 4 have an estimated revenue figure of 6.33M for the next ending quarter. Year-ago sales stood 5.47M and 2.67M respectively for this quarter and the next, and analysts expect sales will shrink by -77.10% for the current quarter and 36.70% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -228.44% over the past 5 years.
ONDS Dividends
Ondas Holdings Inc is expected to release its next earnings report 2024-Aug-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Ondas Holdings Inc (NASDAQ:ONDS)’s Major holders
Insiders own 18.33% of the company shares, while shares held by institutions stand at 11.40% with a share float percentage of 13.95%. Investors are also buoyed by the number of investors in a company, with Ondas Holdings Inc having a total of 54.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 2.09 million shares worth more than $2.02 million. As of 2024-03-31, VANGUARD GROUP INC held 3.6597% of shares outstanding.
The other major institutional holder is CVI HOLDINGS, LLC, with the holding of over 1.15 million shares as of 2024-03-31. The firm’s total holdings are worth over $1.11 million and represent 2.0158% of shares outstanding.
