In the past week, WLDS stock has gone down by -1.46%, with a monthly gain of 19.47% and a quarterly plunge of -30.32%. The volatility ratio for the week is 33.45%, and the volatility levels for the last 30 days are 18.48% for Wearable Devices Ltd The simple moving average for the past 20 days is 7.43% for WLDS’s stock, with a -20.06% simple moving average for the past 200 days.
Is It Worth Investing in Wearable Devices Ltd (NASDAQ: WLDS) Right Now?
WLDS has 36-month beta value of 2.49.
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The public float for WLDS is 12.42M, and currently, short sellers hold a 12.16% ratio of that float. The average trading volume of WLDS on June 17, 2024 was 1.51M shares.
WLDS) stock’s latest price update
The stock of Wearable Devices Ltd (NASDAQ: WLDS) has decreased by -5.06 when compared to last closing price of 0.43.Despite this, the company has seen a loss of -1.46% in its stock price over the last five trading days. globenewswire.com reported 2024-06-17 that Attendees of AWE 2024 can book appointments to experience a live demonstration of the integrated technology at the Qualcomm AWE booth
WLDS Trading at 0.50% 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 -79.55% of loss for the given period.
Volatility was left at 18.48%, however, over the last 30 days, the volatility rate increased by 33.45%, as shares surge +22.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.95% lower at present.
During the last 5 trading sessions, WLDS fell by -1.80%, which changed the moving average for the period of 200-days by -66.08% in comparison to the 20-day moving average, which settled at $0.3807. In addition, Wearable Devices Ltd saw 17.73% 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 77.32. 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
To put it simply, Wearable Devices Ltd (WLDS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
