Wearable Devices (NASDAQ:WLDS) Stock Price Down 2.7% – Should You Sell?

Shares of Wearable Devices Ltd. (NASDAQ:WLDSGet Free Report) fell 2.7% during trading on Thursday . The stock traded as low as $2.81 and last traded at $2.93. 34,131 shares changed hands during trading, a decline of 34% from the average session volume of 51,731 shares. The stock had previously closed at $3.01.

Wearable Devices Trading Down 2.7 %

The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08. The stock’s 50-day moving average is $5.19 and its 200 day moving average is $7.26.

Wearable Devices Company Profile

(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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