The 36-month beta value for WLDS is also noteworthy at 2.24.
The public float for WLDS is 12.42M, and at present, short sellers hold a 2.03% of that float. The average trading volume of WLDS on April 26, 2024 was 1.05M shares.
WLDS) stock’s latest price update
The stock price of Wearable Devices Ltd (NASDAQ: WLDS) has dropped by -20.09 compared to previous close of 0.46. Despite this, the company has seen a fall of -28.85% in its stock price over the last five trading days. PennyStocks reported 2023-11-09 that Penny stocks, those listed at under $5 per share, are the wild west of the stock market. They’re the ones your typical market newbie brags about at family reunions, boasting he turned spare change into a mini-windfall.
WLDS’s Market Performance
Wearable Devices Ltd (WLDS) has seen a -28.85% fall in stock performance for the week, with a -38.23% decline in the past month and a 0.05% surge in the past quarter. The volatility ratio for the week is 12.52%, and the volatility levels for the past 30 days are at 9.61% for WLDS. The simple moving average for the past 20 days is -27.92% for WLDS’s stock, with a -46.19% simple moving average for the past 200 days.
WLDS Trading at -25.86% from the 50-Day Moving Average
After a stumble in the market that brought WLDS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.55% of loss for the given period.
Volatility was left at 9.61%, however, over the last 30 days, the volatility rate increased by 12.52%, as shares sank -36.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.13% lower at present.
During the last 5 trading sessions, WLDS fell by -28.85%, which changed the moving average for the period of 200-days by -75.97% in comparison to the 20-day moving average, which settled at $0.5027. In addition, Wearable Devices Ltd saw 7.56% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WLDS
Current profitability levels for the company are sitting at:
- -99.83 for the present operating margin
- -0.59 for the gross margin
The net margin for Wearable Devices Ltd stands at -95.29. The total capital return value is set at -1.41. Equity return is now at value -100.79, with -83.06 for asset returns.
Based on Wearable Devices Ltd (WLDS), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at -14.67.
Currently, EBITDA for the company is -8.12 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 69.07. The receivables turnover for the company is 0.76for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.78.
Conclusion
In summary, Wearable Devices Ltd (WLDS) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
