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 $1.56 down -1.89% from its previous closing price of $1.59. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 0.83 million shares were traded. WLDS stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.48.
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 1.00 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 3951152 and an Enterprise Value of 874549. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.60 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 1.885 whereas that against EBITDA is -0.106.
Stock Price History:
Over the past 52 weeks, WLDS has reached a high of $16.00, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is -39.26%, while the 200-Day Moving Average is calculated to be -77.20%.
Shares Statistics:
For the past three months, WLDS has traded an average of 597.54K shares per day and 193320 over the past ten days. A total of 1.04M shares are outstanding, with a floating share count of 0.94M. Insiders hold about 22.07% of the company’s shares, while institutions hold 1.11% stake in the company. Shares short for WLDS as of 1732838400 were 117617 with a Short Ratio of 0.20, compared to 1730332800 on 21679. Therefore, it implies a Short% of Shares Outstanding of 117617 and a Short% of Float of 5.11.
