Ondas Holdings Inc (NASDAQ:ONDS) traded at $0.81 at close of the session on Friday, March 07 and made an upward move of 0.48% on its previous day’s price.
Ondas Holdings Inc has a market cap of $83.62 million and is expected to release its quarterly earnings report in April.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 5.75M, with a low of 4M and a high of 6.66M. The median projection represents growth squeezing down to 15.97% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 8.8M, or -43.91% down from figures reported last year.
On the other hand, looking at the outlook for the ONDS stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Ondas Holdings Inc (ONDS) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -39.93% off its SMA20 and -55.75% from its 50-day simple moving average. The RSI (14) is pointing at 27.46 while the volatility over the past week is 13.94% and jumps to 13.55% over the past one month. The average price target for the stock over the next 12 months is $1.5, with the estimates having a low of $1.5 and a high of $1.5. These price ends are -85.19% and -85.19% off the current price level respectively, although investors could be excited at the prospect of a -85.19% if the ONDS share price touches on the median price of $1.5.
