Wearable Devices Ltd [NASDAQ: WLDS] gained 46.81% or 0.88 points to close at $2.76 with a heavy trading volume of 29394514 shares.
The daily chart for WLDS points out that the company has recorded -63.68% loss over the past six months.
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If we look at the average trading volume of 78.70K shares, WLDS reached to a volume of 29394514 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Wearable Devices Ltd [WLDS]:
The Average True Range (ATR) for Wearable Devices Ltd is set at 0.42, with the Price to Sales ratio for WLDS stock in the period of the last 12 months amounting to 9.39. The Price to Book ratio for the last quarter was 1.70, with the Price to Cash per share for the same quarter was set at 2.02.
Trading performance analysis for WLDS stock
Wearable Devices Ltd [WLDS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 85.23. With this latest performance, WLDS shares dropped by -20.69% in over the last four-week period, additionally sinking by -63.68% over the last 6 months – not to mention a drop of -60.94% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WLDS stock in for the last two-week period is set at 53.17, with the RSI for the last a single of trading hit 65.43, and the three-weeks RSI is set at 45.84 for Wearable Devices Ltd [WLDS]. The present Moving Average for the last 50 days of trading for this stock 3.5700, while it was recorded at 1.8300 for the last single week of trading, and 7.3800 for the last 200 days.
Wearable Devices Ltd [WLDS]: A deeper dive into fundamental analysis
Wearable Devices Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.34.
An analysis of Institutional ownership at Wearable Devices Ltd [WLDS]
The top three institutional holders of WLDS stocks are: CITADEL ADVISORS LLC with ownership of 0.18 million shares, which is approximately 1.1115%. SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 83447.0 shares of the stock with an approximate value of $$48091.0 in WLDS stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $$35489.0 in WLDS stock with ownership which is approximately 0.3803%.
