In the last trading session, 20.86 million shares of the Ondas Holdings Inc (NASDAQ:ONDS) were traded. Most recently the company’s share price was $2.79, and it changed around $0.2 or 7.72% from the last close, which brings the market valuation of the company to $246.00M. ONDS currently trades at a discount to its 52-week high of $3.10, offering almost -11.11% off that amount. The share price’s 52-week low was $0.54, which indicates that the current value has risen by an impressive 80.65% since then. We note from Ondas Holdings Inc’s average daily trading volume that its 10-day average is 10.26 million shares, with the 3-month average coming to 2.95 million.
Ondas Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended ONDS as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Ondas Holdings Inc (NASDAQ:ONDS) trade information
Instantly ONDS has showed a green trend with a performance of 7.72% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.14 on recent trading dayincreased the stock’s daily price by 11.15%. The company’s shares are currently up 82.35% year-to-date, but still up 89.80% over the last five days. On the other hand, Ondas Holdings Inc (NASDAQ:ONDS) is 221.91% up in the 30-day period. We can see from the shorts that 3.83 million shares have been sold at a short interest cover period of 1.05 day(s).
The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to decrease their stock price by -86.0% from its current value. Analyst projections state that ONDS is forecast to be at a low of $1.5 and a high of $1.5.
Ondas Holdings Inc (ONDS) estimates and forecasts
Ondas Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 389.47 percent over the past six months and at a 39.77% annual growth rate that is well above the industry average of 16.50%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -228.44%.
ONDS Dividends
Ondas Holdings Inc’s next quarterly earnings report is expected to be released in January.
Ondas Holdings Inc (NASDAQ:ONDS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 14.19% of Ondas Holdings Inc shares, and 13.63% of them are in the hands of institutional investors. The stock currently has a share float of 15.88%. Ondas Holdings Inc stock is held by 45.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 3.3085% of the shares, which is about 2.09 million shares worth $1.21 million.
BLEICHROEDER LP, with 1.2295% or 0.78 million shares worth $0.45 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
