The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 65.58%.However, over the last six months, we can see a stronger performance of -38.75%. Over the last 30 days, the price of WLDS has fallen by 29.45%. And in the last five days, it has surged by 22.76%.
Wearable Devices Ltd experienced a rather steady stock market performance. The highest value in the past year was recorded at $2.56 on 06/09/23 and the lowest value was $0.26 on 12/12/23.
52-week price history of WLDS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Wearable Devices Ltd’s current trading price is -77.75% away from its 52-week high, while its distance from the 52-week low is 116.58%. The stock’s price range during this period has varied between$0.26 and $2.56. The Wearable Devices Ltd’s shares, which operate in the Technology, saw a trading volume of around 29.49 million for the day, a figure considerably higher than their average daily volume of 0.69 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Wearable Devices Ltd (WLDS) has experienced a quarterly rise of 83.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.08M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4229, with a change in price of +0.0645. Similarly, Wearable Devices Ltd recorded 938,669 in trading volume during the last 100 days, posting a change of +12.15%.
WLDS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WLDS stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.05.
WLDS Stock Stochastic Average
Wearable Devices Ltd’s raw stochastic average for the past 50 days is presently 60.96%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 51.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 35.56% and 33.60%, respectively.
