For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Wearable Devices Ltd (NASDAQ: WLDS) closed the day trading at $4.56 down -7.88% from the previous closing price of $4.95. In other words, the price has decreased by -$7.88 from its previous closing price. On the day, 0.6 million shares were traded. WLDS stock price reached its highest trading level at $5.01 during the session, while it also had its lowest trading level at $4.55.
Ratios:
For a better understanding of WLDS, let’s look at its different 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 27998500 and an Enterprise Value of 7139518. For the stock, the TTM Price-to-Sale (P/S) ratio is 61.30 while its Price-to-Book (P/B) ratio in mrq is 2.74. Its current Enterprise Value per Revenue stands at 16.918 whereas that against EBITDA is -0.984.
Stock Price History:
The Beta on a monthly basis for WLDS is 3.57, which has changed by -0.7510917 over the last 52 weeks, in comparison to a change of 0.15927899 over the same period for the S&P500. Over the past 52 weeks, WLDS has reached a high of $20.80, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 50.70%, while the 200-Day Moving Average is calculated to be 55.45%.
Shares Statistics:
Over the past 3-months, WLDS traded about 8.00M shares per day on average, while over the past 10 days, WLDS traded about 678300 shares per day. A total of 5.65M shares are outstanding, with a floating share count of 5.29M. Insiders hold about 6.26% of the company’s shares, while institutions hold 0.12% stake in the company. Shares short for WLDS as of 1757894400 were 1023498 with a Short Ratio of 0.13, compared to 1755216000 on 58742. Therefore, it implies a Short% of Shares Outstanding of 1023498 and a Short% of Float of 19.139999.
