In yesterday’s Wall Street session, Ondas Holdings Inc (NASDAQ:ONDS) shares traded at $2.79, up 7.72% from the previous session.
ONDS stock price is now 165.02% away from the 50-day moving average and 215.23% away from the 200-day moving average. The market capitalization of the company currently stands at $246.00M.
With the price target of $3.50, Ladenburg Thalmann recently initiated with Buy rating for Ondas Holdings Inc (NASDAQ: ONDS). On February 16, 2021, Northland Capital recently initiated its ‘Outperform’ rating on the stock quoting a target price of $22, while ‘Oppenheimer’ rates the stock as ‘Outperform’
In other news, Seidl Randy, Director sold 21,359 shares of the company’s stock on Dec 19 ’24. The stock was sold for $27,553 at an average price of $1.29. Upon completion of the transaction, the Director now directly owns 124,513 shares in the company, valued at $0.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 19 ’24, Director SOOD JASPREET K sold 28,971 shares of the business’s stock. A total of $37,373 was realized by selling the stock at an average price of $1.29. This leaves the insider owning 110,843 shares of the company worth $0.31 million. A total of 15.72% of the company’s stock is owned by insiders.
During the past 12 months, Ondas Holdings Inc has had a low of $0.54 and a high of $3.10. As of last week, the company has a debt-to-equity ratio of 2.45, a current ratio of 0.43, and a quick ratio of 0.19. The fifty day moving average price for ONDS is $1.01578 and a two-hundred day moving average price translates $0.875885 for the stock.
The latest earnings results from Ondas Holdings Inc (NASDAQ: ONDS) was released for 2024-09-30. The net profit margin was -572.33% and return on equity was -139.10% for ONDS. The company reported revenue of $1.48 million for the quarter, compared to $2.67 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -44.43 percent.
