The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded an increase of 183.61%. However, over the last six months, the performance has been weaker by 11.82%. The price of ONDS increased 58.71% over the last 30 days. And in the last five days, it has surged by 6.49%.
Ondas Holdings Inc (ONDS) stock is currently valued at $2.46. During the last session, the stock experienced a remarkable rise, reaching $3.0 after opening at $2.4. The stock briefly dropped to $2.0 before ultimately closing at $2.23.
Ondas Holdings Inc ‘s stock market performance has been somewhat erratic.
52-week price history of ONDS Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Ondas Holdings Inc’s current trading price is -27.65% away from its 52-week high, while its distance from the 52-week low is 358.44%. The stock’s price range during this time has been between $0.54 and $3.40. The trading volume for the Technology sector company’s shares reached about 25.7 million for the day, which was higher than the average daily volume of 15.72 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ondas Holdings Inc (ONDS) has experienced a quarterly rise of 177.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 429.92M and boasts a workforce of 124 employees.
Ondas Holdings Inc: Analysts’ Ratings Unveiled
As of right now, 3 analysts are rating Ondas Holdings Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.19, with a change in price of +1.42. Similarly, Ondas Holdings Inc recorded 13,648,942 in trading volume during the last 100 days, posting a change of +136.64%.
ONDS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ONDS stands at 1.62. Similarly, the long-term debt-to-equity ratio is also 0.20.
ONDS Stock Stochastic Average
Today’s raw stochastic average for Ondas Holdings Inc over the last 50 days is 87.86%.This indicates a increase from the raw stochastic average of the past 20 days, which was 82.17%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 77.13% and 82.00%, respectively.