Ondas Holdings Inc. (NASDAQ:ONDS) went down by -3.01% from its latest closing price compared to the recent 1-year high of $16.00. The company’s stock price has collected -14.36% of loss in the last five trading sessions. Press Release reported on 06/08/21 that Ondas Holdings Inc. Prices $44.8 Million Public Offering of Common Stock
Is It Worth Investing in Ondas Holdings Inc. (NASDAQ :ONDS) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Ondas Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $16.00. ONDS currently public float of 17.35M and currently shorts hold a 2.33% ratio of that float. Today, the average trading volume of ONDS was 439.04K shares.
ONDS’s Market Performance
ONDS stocks went down by -14.36% for the week, with a monthly jump of 21.05% and a quarterly performance of -28.76%. The volatility ratio for the week stands at 9.15% while the volatility levels for the past 30 days are set at 10.37% for Ondas Holdings Inc.. The simple moving average for the period of the last 20 days is 3.61% for ONDS stocks with a simple moving average of -28.94% for the last 200 days.
Analysts’ Opinion of ONDS
Many brokerage firms have already submitted their reports for ONDS stocks, with Northland Capital repeating the rating for ONDS by listing it as a “Outperform.” The predicted price for ONDS in the upcoming period, according to Northland Capital is $22 based on the research report published on February 16th of the current year 2021.
Oppenheimer, on the other hand, stated in their research note that they expect to see ONDS reach a price target of $10. The rating they have provided for ONDS stocks is “Outperform” according to the report published on December 23rd, 2020.
ONDS Trading at 2.03% from the 50-Day Moving Average
After a stumble in the market that brought ONDS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.69% of loss for the given period.
Volatility was left at 10.37%, however, over the last 30 days, the volatility rate increased by 9.15%, as shares surge +31.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.58% lower at present.
During the last 5 trading sessions, ONDS fell by -14.36%, in comparison to the 20-day moving average, which settled at $7.87. In addition, Ondas Holdings Inc. saw -13.72% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ONDS
Current profitability levels for the company are sitting at:
- -532.60 for the present operating margin
- +24.48 for the gross margin
The net margin for Ondas Holdings Inc. stands at -622.90. The total capital return value is set at -105.40, while invested capital returns managed to touch -649.18.
Based on Ondas Holdings Inc. (ONDS), the company’s capital structure generated 53.21 points at debt to equity in total, while total debt to capital is 34.73. Total debt to assets is 28.15, with long-term debt to equity ratio resting at 6.01. Finally, the long-term debt to capital ratio is 3.92.
When we switch over and look at the enterprise to sales, we see a ratio of 79.75, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 63.77 and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.23.