Ondas (NASDAQ:ONDS – Get Free Report) had its target price decreased by investment analysts at Northland Securities from $2.00 to $1.50 in a research note issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Northland Securities’ target price points to a potential upside of 111.27% from the company’s current price.
Ondas Trading Up 7.4 %
NASDAQ ONDS opened at $0.71 on Friday. The company has a market cap of $47.05 million, a price-to-earnings ratio of -0.93 and a beta of 2.51. The business has a 50 day moving average price of $0.79 and a 200-day moving average price of $0.93. The company has a quick ratio of 0.52, a current ratio of 0.62 and a debt-to-equity ratio of 0.07. Ondas has a 52 week low of $0.31 and a 52 week high of $1.99.
Ondas (NASDAQ:ONDS – Get Free Report) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). The company had revenue of $0.63 million for the quarter, compared to the consensus estimate of $3.57 million. Ondas had a negative return on equity of 108.29% and a negative net margin of 307.07%. As a group, equities analysts expect that Ondas will post -0.5 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Ondas Company Profile
Ondas Holdings Inc, through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks.
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