Wearable Devices Ltd. (NASDAQ:WLDS) currently has a daily average trading volume of 1.89M but it saw 112606136 shares traded on Thursday. With a market cap of 22.50M USD, stock’s current market price of $1.41 came rising about 211.46 while comparing to the previous closing price of $0.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.85 and as low as $0.39. In the recent trading on the day, stock has struck highest price mark of $1.91 while lowest mark touched by it was $0.65.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Taking a look at 20-day trading activity of Wearable Devices Ltd. (WLDS) gives us an average price of $0.5334, while its current price level is -75.90% below from 52-week high level whereas it is 261.54% 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 $0.5434 . A closer look into the stock’s movement over the week reveals that its volatility is standing at 43.67% during that period while stretching the period over a month that decreases to 18.73%. 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 85.62 which implies that the stock is in overbought territory.
Data by FactSet Research shows that 0 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 0 advised them to Hold.
Over the week, WLDS’s stock price is moving 187.76% up while it is 168.62% when we observe its performance for the past one month. Year-to-date it is 223.09% up and over the past year.
Currently, Wearable Devices Ltd.’s total number of outstanding shares is 12.28M with 53.32% of that held by the insiders while 7.04% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -208.70%. Stock has a price to book (P/B) ratio of 1.74 while price to sale or P/S ratio amounts to 500.08. Its return on asset (ROA) is -159.00% on average.
