Wearable Devices Ltd (WLDS)’s Market Momentum: Closing Strong at 1.43, Up 1.42

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As of close of business last night, Wearable Devices Ltd’s stock clocked out at $1.43, up 1.42% from its previous closing price of $1.41. In other words, the price has increased by $1.42 from its previous closing price. On the day, 67547.0 shares were traded. WLDS stock price reached its highest trading level at $1.49 during the session, while it also had its lowest trading level at $1.41.

Ratios:

To gain a deeper understanding of WLDS’s stock, we examine its different 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 4046685 and an Enterprise Value of 707450. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.00 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 1.525 whereas that against EBITDA is -0.086.

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 $1.20. The 50-Day Moving Average of the stock is -21.93%, while the 200-Day Moving Average is calculated to be -76.03%.

Shares Statistics:

It appears that WLDS traded 777.30K shares on average per day over the past three months and 582810 shares per day over the past ten days. A total of 2.53M shares are outstanding, with a floating share count of 1.97M. Insiders hold about 22.07% of the company’s shares, while institutions hold 0.53% stake in the company. Shares short for WLDS as of 1735603200 were 31244 with a Short Ratio of 0.04, compared to 1732838400 on 117617. Therefore, it implies a Short% of Shares Outstanding of 31244 and a Short% of Float of 1.2.

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