Wearable Devices (NASDAQ:WLDS) Trading 5.3% Higher – Still a Buy?

Wearable Devices Ltd. (NASDAQ:WLDSGet Free Report)’s share price rose 5.3% during trading on Monday . The stock traded as high as $2.05 and last traded at $1.97. Approximately 260,365 shares traded hands during trading, an increase of 30% from the average daily volume of 199,987 shares. The stock had previously closed at $1.87.

Wearable Devices Stock Performance

The company’s 50 day simple moving average is $2.38 and its 200 day simple moving average is $5.81. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 1.34.

About Wearable Devices

(Get Free Report)

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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