Wearable Devices (WLDS) Stock Price, News & Analysis

Company Overview

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. It also provides Mudra Band, a neural input wristband, which allows users to control Apple ecosystem devices, including iPhone, Mac computer, Apple TV, and iPad using subtle touchless finger movements and gestures; and Mudra XR wristband, a wearable controller for smart glasses and spatial computing that supports hands-free interaction. The company serves consumer electronics companies and brands, industrial manufacturing companies, information technology and software solutions providers, software development studios, academia and research universities, and B2C market. Wearable Devices Ltd. was incorporated in 2014 and is headquartered in Yokneam Illit, Israel.

Key Stats

• Today's Range: $1.76 to $2.05
• 50-Day Range: $1.48 to $4.04
• 52-Week Range: $1.32 to $16.00
• Volume: 260,365 shs
• Average Volume: 199,987 shs
• Market Capitalization: $2.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Wearable Devices Stock Analysis - MarketRank™

Wearable Devices scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Wearable Devices.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Wearable Devices has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.52% of the float of Wearable Devices has been sold short.

Short Interest Ratio / Days to Cover

Wearable Devices has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wearable Devices has recently increased by 327.64%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Wearable Devices does not currently pay a dividend.

Dividend Growth

Wearable Devices does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.52% of the float of Wearable Devices has been sold short.

Short Interest Ratio / Days to Cover

Wearable Devices has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wearable Devices has recently increased by 327.64%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.27

News Sentiment

Wearable Devices has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Wearable Devices this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for WLDS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

1 people have added Wearable Devices to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Wearable Devices insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.24% of the stock of Wearable Devices is held by institutions.

WLDS Stock Analysis - Frequently Asked Questions

How have WLDS shares performed this year?

Wearable Devices' stock was trading at $6.88 at the beginning of 2024. Since then, WLDS stock has decreased by 71.4% and is now trading at $1.97.
View the best growth stocks for 2024 here.

When did Wearable Devices' stock split?

Wearable Devices's stock reverse split before market open on Thursday, October 10th 2024. The 1-20 reverse split was announced on Monday, October 7th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, October 9th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

When did Wearable Devices IPO?

Wearable Devices (WLDS) raised $15 million in an initial public offering on Tuesday, September 13th 2022. The company issued 3,750,000 shares at a price of $4.00 per share.

How do I buy shares of Wearable Devices?

Shares of WLDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Wearable Devices own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wearable Devices investors own include Workhorse Group (WKHS), Plug Power (PLUG), FuelCell Energy (FCEL), Ovid Therapeutics (OVID), Assertio (ASRT), Comtech Telecommunications (CMTL) and Fortress Biotech (FBIO).

Company Calendar

• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Computer & office equipment
• Sub-Industry: Computer Hardware
• Current Symbol: NASDAQ:WLDS
• CUSIP: N/A
• CIK: 1887673
• Web: wearabledevices.co.il
• Phone: 0097246185670
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 1.34
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $464,000.00
• Price / Sales: 4.33
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.42 per share
• Price / Book: 0.36

Miscellaneous

• Outstanding Shares: 1,019,000
• Free Float: N/A
• Market Cap: $2.01 million
• Optionable: Not Optionable
• Beta: 2.51