Ondas Holdings Inc (NASDAQ:ONDS) price on Thursday, March 20, fall -8.91% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.69.
A look at the stock’s price movement, the close in the last trading session was $0.76, moving within a range at $0.68 and $0.7552. The beta value (5-Year monthly) was 1.696. Turning to its 52-week performance, $3.40 and $0.54 were the 52-week high and 52-week low respectively. Overall, ONDS moved -51.74% over the past month.
Ondas Holdings Inc’s market cap currently stands at around $72.96 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-11.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ONDS is a 100% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend ONDS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ONDS’s current price about -19.65% and -54.21% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 29.23, while 7-day volatility ratio is 10.21% and 16.57% in the 30-day chart. Further, Ondas Holdings Inc (ONDS) has a beta value of 0, and an average true range (ATR) of 0.15. Analysts have given the company’s stock an average 52-week price target of $1.5, forecast between a low of $1.5 and high of $1.5. Looking at the price targets, the low is -117.39% off current price level while to achieve the yearly target high, price needs to move -117.39%. Nonetheless, investors will most likely welcome a -117.39% jump to $1.5 which is the analysts’ median price.
If we refocus on Ondas Holdings Inc (NASDAQ:ONDS), historical trading data shows that trading volumes averaged 15.96 over the past 10 days and 7.91 million over the past 3 months. The company’s latest data on shares outstanding shows there are 105.73 million shares.
The 11.81% of Ondas Holdings Inc’s shares are in the hands of company insiders while institutional holders own 14.02% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.99 million on 2025-02-28, giving us a short ratio of 0.97. The data shows that as of 2025-02-28 short interest in Ondas Holdings Inc (ONDS) stood at 307.0 of shares outstanding, with shares short rising to 2.63 million registered in 2025-01-31. Current price change has pushed the stock -73.04% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ONDS stock continues to rise going into the next quarter.
