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The closing price of Wearable Devices Ltd (NASDAQ: WLDS) was $1.26 for the day, down -3.08% from the previous closing price of $1.3. In other words, the price has decreased by -$3.08 from its previous closing price. On the day, 0.68 million shares were traded. WLDS stock price reached its highest trading level at $1.3101 during the session, while it also had its lowest trading level at $1.225.
Ratios:
Our analysis of WLDS’s different ratios will help us gain a deeper understanding of the company. 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 10896991 and an Enterprise Value of -410330. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.86 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at -0.972 whereas that against EBITDA is 0.057.
Stock Price History:
The Beta on a monthly basis for WLDS is 3.64, which has changed by -0.8288044 over the last 52 weeks, in comparison to a change of 0.17318606 over the same period for the S&P500. Over the past 52 weeks, WLDS has reached a high of $11.40, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is -39.11%, while the 200-Day Moving Average is calculated to be -42.65%.
Shares Statistics:
WLDS traded an average of 625.95K shares per day over the past three months and 1293020 shares per day over the past ten days. A total of 6.62M shares are outstanding, with a floating share count of 6.54M. Insiders hold about 1.14% of the company’s shares, while institutions hold 2.19% stake in the company. Shares short for WLDS as of 1765756800 were 288232 with a Short Ratio of 0.46, compared to 1763078400 on 397437. Therefore, it implies a Short% of Shares Outstanding of 288232 and a Short% of Float of 4.3999999999999995.
