Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Wearable Devices Ltd (NASDAQ: WLDS) closed at $5.75 down -12.35% from its previous closing price of $6.56. In other words, the price has decreased by -$12.35 from its previous closing price. On the day, 1.36 million shares were traded. WLDS stock price reached its highest trading level at $6.3589 during the session, while it also had its lowest trading level at $5.72.
Ratios:
For a deeper understanding of Wearable Devices Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.68 and its Current Ratio is at 4.64. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WLDS now has a Market Capitalization of 31143512 and an Enterprise Value of 9862040. For the stock, the TTM Price-to-Sale (P/S) ratio is 74.15 while its Price-to-Book (P/B) ratio in mrq is 3.45. Its current Enterprise Value per Revenue stands at 23.37 whereas that against EBITDA is -1.359.
Stock Price History:
The Beta on a monthly basis for WLDS is 4.18, which has changed by -0.7235577 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, WLDS has reached a high of $23.02, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 145.78%, while the 200-Day Moving Average is calculated to be 91.01%.
Shares Statistics:
For the past three months, WLDS has traded an average of 8.13M shares per day and 46236960 over the past ten days. A total of 5.42M shares are outstanding, with a floating share count of 5.08M. Insiders hold about 6.26% of the company’s shares, while institutions hold 0.13% stake in the company. Shares short for WLDS as of 1756425600 were 10249 with a Short Ratio of 0.00, compared to 1753920000 on 29788. Therefore, it implies a Short% of Shares Outstanding of 10249 and a Short% of Float of 0.45999999999999996.
