Ondas Holdings Inc (NASDAQ:ONDS) price on Wednesday, April 30, fall -3.72% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.78.
A look at the stock’s price movement, the close in the last trading session was $0.81, moving within a range at $0.735 and $0.7886. The beta value (5-Year monthly) was 1.429. Turning to its 52-week performance, $3.40 and $0.54 were the 52-week high and 52-week low respectively. Overall, ONDS moved -27.40% over the past month.
Ondas Holdings Inc’s market cap currently stands at around $103.68 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-11.
Analysts have a consensus estimate of 4.94M for the company’s revenue for the quarter, with a low and high estimate of 3.92M and 6.2M respectively. The average forecast suggests up to a 689.96% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 24.05M, representing a 234.43% jump on that reported in the last financial year.
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 100% Sell 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 -7.58% and -12.41% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.08, while 7-day volatility ratio is 11.61% and 13.98% in the 30-day chart. Further, Ondas Holdings Inc (ONDS) has a beta value of 0, and an average true range (ATR) of 0.12. 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 -92.31% off current price level while to achieve the yearly target high, price needs to move -92.31%. Nonetheless, investors will most likely welcome a -92.31% 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 5.46 over the past 10 days and 7.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 133.46 million shares.
The 11.86% of Ondas Holdings Inc’s shares are in the hands of company insiders while institutional holders own 11.33% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.93 million on 2025-04-15, giving us a short ratio of 1.12. The data shows that as of 2025-04-15 short interest in Ondas Holdings Inc (ONDS) stood at 943.99996 of shares outstanding, with shares short falling to 14.49 million registered in 2025-03-14. Current price change has pushed the stock -69.66% 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.
