Wearable Devices Ltd (WLDS) saw an uptrend of 5142665% in the recent trading with $1150000.0 being its most recent. The current price level -96.83% lower than the highest price of $50.40 marked by the stock while trading over the past 52-weeks, whereas it is 33.89% higher than the lowest price of $1.20 the company dropped to over past 52-weeks. The latest news story on WLDS appeared in (GlobeNewswire) under the title “Wearable Devices Receives U.S. Patent for Innovative Gesture Control, Enabling Precision Interaction with Digital Devices” on May-30-25.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of N/A for the stock.
Wearable Devices Ltd Earnings – What Happened With WLDS
Coming around sales and income figures on WLDS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Wearable Devices Ltd – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 1.03 million. WLDS does have institutional investors; and they hold 4.57% of the stock.
As on 2024-06-30, CITADEL ADVISORS LLC was the top most holder in Wearable Devices Ltd (NASDAQ:WLDS) with an ownership of 0.18 million shares of the company or 1.1115 of the stake worth $0.1 million. The filing also reveals SUSQUEHANNA INTERNATIONAL GROUP, LLP as the second largest holder in the company with a control over 0.5151 of the outstanding shares. Its stake is worth $48091.0 for having 83447.0 shares in hand.
UBS GROUP AG also came holding a key position in the company during the recent quarter and it now holds 0.3803 of the outstanding shares. With this there are now 3.0 institutions which have possession in WLDS’s shares.
Key Metrics forWLDS
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Wearable Devices Ltd has a debt to equity ratio of 0.28.
Technical Analysis of Wearable Devices Ltd (NASDAQ:WLDS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Wearable Devices Ltd (WLDS), we notice that the stock’s 20-day average volume is at 445,155 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 1,541,556 shares. And to end, WLDS’s 100-day average volume is 807,445 shares with 100% of the long-term indicators pointing towards Sell for the stock.