Putting The Spotlight On Wearable Devices Ltd (WLDS)

Wearable Devices Ltd (NASDAQ:WLDS) currently has a daily average trading volume of 721.32K but it saw 2562038 shares traded in last market. With a market cap of 3.83M USD, the company’s current market price of $1.49 came falling about -26.60 while comparing to the previous closing price of $2.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.00 and as low as $1.32. In the recent trading on the day, stock has struck highest price mark of $1.2 while lowest mark touched by it was $1.7498.

Taking a look at 20-day trading activity of Wearable Devices Ltd (WLDS) gives us an average price of $1.83, while its current price level is -90.69% below from 52-week high level whereas it is 12.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.02 while that of 200 days or SMA-200 reads an average of $6.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.59% during that period while stretching the period over a month that decreases to 16.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.78 which implies that the stock is in neutral territory.

Over the week, WLDS’s stock price is moving -31.65% down while it is -14.37% when we observe its performance for the past one month. Year-to-date it is -31.65% down and over the past year, the stock is showing a downside performance of -83.66%.

Currently, Wearable Devices Ltd’s total number of outstanding shares is 2.53M. Company’s return on investment (ROI) stands at -441.98% and return on equity (ROE) at -174.12%. Stock’s beta reads 2.23. Stock has a price to book (P/B) ratio of 0.92 while price to sale or P/S ratio amounts to 8.33. Its return on asset (ROA) is -110.28% on average.