No Stopping Wearable Devices Ltd (NASDAQ: WLDS) These Days

Wearable Devices Ltd (NASDAQ:WLDS) does about 1.43M shares in volume on a normal day but saw 221793 shares change hands in the recent trading day. The company now has a market cap of 5.75M USD. Its current market price is $0.36, marking an increase of 1.59% compared to the previous close of $0.36. The 52 week high reached by this stock is $1.20 whilst the lowest price level in 52 weeks is $0.26.

Wearable Devices Ltd (WLDS) has a 20-day trading average at $0.3804 and the current price is -69.93% off the 52-week high compared with 37.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4375 and its 200-day simple moving average is $0.4195. If we look at the stock’s price movements over the week, volatility stands at 7.84%, which increases to 11.11% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.15 to suggest the stock is neutral.

The current price level is -5.76%, -18.08%, and -14.01% away from its SMA20, SMA50, and SMA200 respectively, with the WLDS price moving above the 50-day SMA on current market day. Wearable Devices Ltd (WLDS) stock is down -0.25% over the week and -12.51% over the past month. Its price is 4.88% year-to-date and -69.68% over the past year.

The company has a return on investment of -134.63% and return on equity of -100.79%. The beta has a value of 2.73. Price to book ratio is 1.33 and price to sales ratio is 71.89.