Ondas (ONDS) Expected to Announce Quarterly Earnings on Wednesday

Ondas (NASDAQ:ONDS) is anticipated to announce its earnings results before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Ondas Trading Up 0.5 %

ONDS opened at $0.81 on Monday. The business has a 50 day simple moving average of $1.83 and a two-hundred day simple moving average of $1.25. The firm has a market capitalization of $73.80 million, a price-to-earnings ratio of -1.12 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. Ondas has a one year low of $0.54 and a one year high of $3.40.

Insider Transactions at Ondas

In other news, Director Randy Seidl sold 21,359 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $1.29, for a total value of $27,553.11. Following the completion of the transaction, the director now owns 124,513 shares of the company’s stock, valued at approximately $160,621.77. This represents a 14.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 13.90% of the company’s stock.

Analyst Ratings Changes

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

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.