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After finishing at $0.35 in the prior trading day, Wearable Devices Ltd (NASDAQ: WLDS) closed at $0.33, down -6.87%. In other words, the price has decreased by -$6.87 from its previous closing price. On the day, 0.51 million shares were traded. WLDS stock price reached its highest trading level at $0.3673 during the session, while it also had its lowest trading level at $0.3232.
Ratios:
Our goal is to gain a better understanding of WLDS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.20 and its Current Ratio is at 3.78. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 6740074 and an Enterprise Value of 2460083. For the stock, the TTM Price-to-Sale (P/S) ratio is 65.87 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 30.001 whereas that against EBITDA is -0.303.
Stock Price History:
Over the past 52 weeks, WLDS has reached a high of $2.56, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -32.23%, while the 200-Day Moving Average is calculated to be -48.30%.
Shares Statistics:
The stock has traded on average 1.05M shares per day over the past 3-months and 318510 shares per day over the last 10 days, according to various share statistics. A total of 20.39M shares are outstanding, with a floating share count of 12.42M. Insiders hold about 22.07% of the company’s shares, while institutions hold 0.17% stake in the company. Shares short for WLDS as of 1713139200 were 251658 with a Short Ratio of 0.24, compared to 1710460800 on 678452. Therefore, it implies a Short% of Shares Outstanding of 251658 and a Short% of Float of 1.59.
