Ondas (ONDS) to Release Earnings on Wednesday

Ondas (NASDAQ:ONDS) is expected to post its quarterly earnings results before the market opens on Wednesday, March 12th. Analysts expect Ondas to post earnings of ($0.09) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Ondas Stock Performance

ONDS opened at $0.73 on Tuesday. The business’s 50-day moving average price is $1.78 and its two-hundred day moving average price is $1.25. Ondas has a 1 year low of $0.54 and a 1 year high of $3.40. The company has a market capitalization of $66.36 million, a price-to-earnings ratio of -1.01 and a beta of 2.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.43 and a quick ratio of 0.21.

Analysts Set New Price Targets

Separately, Northland Securities lifted their price target on Ondas from $1.50 to $4.00 and gave the company an “outperform” rating in a research note on Monday, December 30th.

Insider Buying and Selling at Ondas

In related news, Director Randy Seidl sold 21,359 shares of Ondas stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $1.29, for a total value of $27,553.11. Following the sale, the director now owns 124,513 shares of the company’s stock, valued at approximately $160,621.77. The trade was a 14.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 13.90% of the company’s stock.

About Ondas

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.