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 $1.54 down -3.75% from its previous closing price of $1.6. In other words, the price has decreased by -$3.75 from its previous closing price. On the day, 2.02 million shares were traded.
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 2.05 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 0.28.
Stock Price History:
Over the past 52 weeks, WLDS has reached a high of $50.40, while it has fallen to a 52-week low of $1.20. The 50-Day Moving Average of the stock is -6.03%, while the 200-Day Moving Average is calculated to be -77.99%.
Shares Statistics:
A total of 1.03M shares are outstanding, with a floating share count of 0.96M. Insiders hold about 6.26% of the company’s shares, while institutions hold 4.57% stake in the company.