Wearable Devices Ltd. (NASDAQ:WLDS – Get Free Report)’s share price fell 4.2% during mid-day trading on Thursday . The stock traded as low as $0.43 and last traded at $0.47. 1,302,646 shares traded hands during trading, a decline of 50% from the average session volume of 2,608,327 shares. The stock had previously closed at $0.49.
Wearable Devices Stock Performance
The company’s 50 day simple moving average is $0.40 and its 200-day simple moving average is $0.43. The company has a current ratio of 3.78, a quick ratio of 3.20 and a debt-to-equity ratio of 0.05.
Wearable Devices Company Profile
Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, personal computers and laptop computers, drones, robots, and others through finger movements and hand gestures; and SNC sensor module, an operating system (OS) software package and algorithm package to customers.
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