Ondas Holdings Inc (NASDAQ:ONDS)’s traded shares stood at 3.88 million during the last session. At the close of trading, the stock’s price was $2.20, to imply a decrease of -0.45% or -$0.01 in intraday trading. The ONDS share’s 52-week high remains $3.40, putting it -54.55% down since that peak but still an impressive 75.45% since price per share fell to its 52-week low of $0.54. The company has a valuation of $210.97M, with an average of 12.51 million shares in intraday trading volume over the past 10 days and average of 5.24 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Ondas Holdings Inc (ONDS), translating to a mean rating of 1.50. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ONDS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Ondas Holdings Inc (NASDAQ:ONDS) trade information
After registering a -0.45% downside in the last session, Ondas Holdings Inc (ONDS) has traded red over the past five days. The 5-day price performance for the stock is -13.39%, and 57.14% over 30 days. With these gigs, the year-to-date price performance is -14.06%. Short interest in Ondas Holdings Inc (NASDAQ:ONDS) saw shorts transact 6.12 million shares and set a 0.72 days time to cover.
The extremes give us $1.5 and $1.5 for target low and target high price respectively. As such, ONDS has been trading 31.82% off suggested target high and 31.82% from its likely low.
Ondas Holdings Inc (ONDS) estimates and forecasts
Looking at statistics comparing Ondas Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Ondas Holdings Inc (ONDS) shares are 153.64% up over the last 6 months, with its year-to-date growth rate higher than industry average at 39.77% against 16.50%.
ONDS Dividends
Ondas Holdings Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Ondas Holdings Inc (NASDAQ:ONDS)’s Major holders
Ondas Holdings Inc insiders hold 13.13% of total outstanding shares, with institutional holders owning 12.60% of the shares at 14.51% float percentage. In total, 12.60% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 2.09 million shares (or 3.3085% of shares), all amounting to roughly $1.21 million.
The next major institution holding the largest number of shares is BLEICHROEDER LP with 0.78 million shares, or about 1.2295% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.45 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Ondas Holdings Inc (ONDS) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.56 shares. This is just over 7.87% of the total shares, with a market valuation of $3.43 million. Data from the same date shows that the other fund manager holds a little less at 515.58, or 2.60% of the shares, all valued at about 1.13 million.
