Are Ondas Holdings Inc. (NASDAQ:ONDS)’s Fundamentals Enough to Outperform

Ondas Holdings Inc. (NASDAQ:ONDS) Relative Strength Index (RSI) is 57.56, with weekly volatility at 11.19% and ATR at 0.73. The ONDS stock’s 52-week price range has touched low of $5.69 and a $16.00 high. Intraday shares traded counted 0.5 million, which was -29.8% lower than its 30-day average trading volume of 386.67K. Its shares traded higher over the last trading session, gaining 2.96% on 05/27/21. The shares fell to a low of $7.75 before closing at $8.36. ONDS’s previous close was $8.12 while the outstanding shares total 22.45M.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Investors have identified the Communication Equipment company Ondas Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $227.56 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Ondas Holdings Inc. (ONDS) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.04 million total, with 18.26 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 0.20 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ONDS sounds very interesting.

Is the stock of ONDS attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 7.40%.