Ondas Holdings Inc (ONDS)’s latest quarter sales figures and margins explained

A share price of Ondas Holdings Inc [ONDS] is currently trading at $0.82, up 11.31%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ONDS shares have gain 6.98% over the last week, with a monthly amount glided 9.97%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Ondas Holdings Inc [NASDAQ: ONDS] stock has seen the most recent analyst activity on December 11, 2023, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $3.50. Previously, Northland Capital started tracking the stock with Outperform rating on February 16, 2021, and set its price target to $22. On December 23, 2020, Oppenheimer initiated with a Outperform rating and assigned a price target of $10 on the stock.

Ondas Holdings Inc experienced fluctuations in its stock price throughout the past year between $0.31 and $1.99. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. Ondas Holdings Inc [NASDAQ: ONDS] shares were valued at $0.82 at the most recent close of the market. An investor can expect a potential return of 82.93% based on the average ONDS price forecast.

Analyzing the ONDS fundamentals

Trailing Twelve Months sales for Ondas Holdings Inc [NASDAQ:ONDS] were 9.21M which represents -82.49% decline. Gross Profit Margin for this corporation currently stands at -0.29% with Operating Profit Margin at -3.75%, Pretax Profit Margin comes in at -4.3%, and Net Profit Margin reading is -4.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.48, Equity is -1.26 and Total Capital is -0.77. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.56.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7674 points at the first support level, and at 0.7099 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8549, and for the 2nd resistance point, it is at 0.8849.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Ondas Holdings Inc [NASDAQ:ONDS] is 0.40. In addition, the Quick Ratio stands at 0.26 and the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 6.74, the price to book ratio is 2.83.

Transactions by insiders

Recent insider trading involved Brock Eric A, Chairman, CEO and President, that happened on Jun 11 ’24 when 37400.0 shares were purchased. Chairman, CEO and President, Brock Eric A completed a deal on Jun 10 ’24 to buy 7649.0 shares. Meanwhile, Director Popolo Joseph V bought 100000.0 shares on Jun 07 ’24.

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