Wearable Devices Ltd [NASDAQ: WLDS] price surged by 50.00 percent to reach at $0.6.
Guru’s Opinion on Wearable Devices Ltd [WLDS]:
The Average True Range (ATR) for Wearable Devices Ltd is set at 0.44, with the Price to Sales ratio for WLDS stock in the period of the last 12 months amounting to 3.55. The Price to Book ratio for the last quarter was 0.33, with the Price to Cash per share for the same quarter was set at 3.85.
WLDS Stock Performance Analysis:
Wearable Devices Ltd [WLDS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.74. With this latest performance, WLDS shares dropped by -11.33% in over the last four-week period, additionally sinking by -86.73% over the last 6 months – not to mention a drop of -93.92% 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 45.71, with the RSI for the last a single of trading hit 47.73, and the three-weeks RSI is set at 43.76 for Wearable Devices Ltd [WLDS]. The present Moving Average for the last 50 days of trading for this stock 2.3783, while it was recorded at 1.6519 for the last single week of trading, and 12.9045 for the last 200 days.
Insight into Wearable Devices Ltd Fundamentals:
Wearable Devices Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.05 and a Current Ratio set at 2.63.
Wearable Devices Ltd [WLDS] Institutonal Ownership Details
There are presently around $6.54%, or 6.92%% of WLDS stock, in the hands of institutional investors. 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%.
