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Wearable Devices Ltd’s Banking’s 100-Day Moving Average at 4.38: Will the Stock Break Through?

ZM Stock

The market performance of Wearable Devices Ltd’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $54.40 on 06/10/24, while the lowest value for the same duration was $1.65 on 03/17/25.

52-week price history of WLDS Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Wearable Devices Ltd’s current trading price is -95.62% away from its 52-week high, while its distance from the 52-week low is 44.24%. The stock’s price range during the 52-week period has remained between $1.65 and $54.40. In the Technology sector, the company’s shares saw a trading volume of around 1.59 million for the day, which was evidently higher than the average daily volume of 64819.0 over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Wearable Devices Ltd (WLDS) has experienced a quarterly decline of -52.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.45M and boasts a workforce of 34 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.38, with a change in price of -8.71. Similarly, Wearable Devices Ltd recorded 93,930 in trading volume during the last 100 days, posting a change of -78.89%.

Examining WLDS’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WLDS stands at 0.28. Similarly, the long-term debt-to-equity ratio is also 0.01.

WLDS Stock Stochastic Average

As of today, Wearable Devices Ltd’s raw stochastic average for the last 50 days stands at 27.09%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 47.66%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 45.14% and 34.09%, respectively.

WLDS Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -72.71%. However, over the last six months, the performance has been stronger by -84.94%. The price of WLDS increased 17.82% over the last 30 days. And in the last five days, it has surged by 32.96%.

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