Ondas Holdings ( (ONDS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Ondas Holdings’ stock has surged following strategic moves in the autonomous aerial and ground security solutions market. The company’s acquisition of Smart Precision Optics and an initial order for 500 Wasp drones have strengthened its foothold in the expanding drone and robotics security industry. As a result, analysts have initiated a Buy rating, anticipating Ondas to secure a larger market share.
More about Ondas Holdings
YTD Price Performance: 276.81%
Average Trading Volume: 40,977,446
Technical Sentiment Signal: Buy
Current Market Cap: $3.18B
For further insights into ONDS stock on TipRanks’ Stock Analysis page.
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