Ondas Holdings Inc (NASDAQ:ONDS) shares, rose in value on Wednesday, April 16, with the stock price down by -1.20% to the previous day’s close as strong demand from buyers drove the stock to $0.86.
Actively observing the price movement in the last trading, the stock closed the session at $0.87, falling within a range of $0.8153 and $0.8786. The value of beta (5-year monthly) was 1.429. Referring to stock’s 52-week performance, its high was $3.40, and the low was $0.54. On the whole, ONDS has fluctuated by 15.96% over the past month.
With the market capitalization of Ondas Holdings Inc currently standing at about $110.32 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 24.05M, with a low estimate of 3.92M and a high estimate of 6.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.94M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ONDS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of ONDS currently trading nearly -3.14% and -20.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.29, while the 7-day volatility ratio is showing 11.33% which for the 30-day chart, stands at 17.33%. Furthermore, Ondas Holdings Inc (ONDS)’s average true range (ATR) is 0.15.
A comparison of Ondas Holdings Inc (ONDS) with its peers suggests the former has fared considerably weaker in the market. ONDS showed an intraday change of -1.20% in last session, and over the past year, it shrunk by -8.55%%.
Data on historical trading for Ondas Holdings Inc (NASDAQ:ONDS) indicates that the trading volumes over the past 10 days have averaged 8.12 and over the past 3 months, they’ve averaged 7.33 million. According to company’s latest data on outstanding shares, there are 93.17 million shares outstanding.
Nearly 11.86% of Ondas Holdings Inc’s shares belong to company insiders and institutional investors own 14.03% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.4 million shares as on 2025-03-31, resulting in a short ratio of 0.73. According to the data, the short interest in Ondas Holdings Inc (ONDS) stood at 897.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.99 million. The stock has fallen by -66.26% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ONDS stock heading into the next quarter.
